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Microsoft provides compensation to executives in the form of a variety of incentive compensation plans, including restricted stock award grants. The following is an excerpt
Microsoft provides compensation to executives in the form of a variety of incentive compensation plans, including restricted stock
award grants. The following is an excerpt from a disclosure note from Microsoft's annual report:
Note Employee Stock and Savings Plans in part
Stock awards entitle the holder to receive shares of Microsoft common stock as the award vests. Stock awards generally vest over a
fiveyear period. During fiscal year the following activity occurred under our plans:
Required:
If all awards are granted, acquired, vested, and forfeited evenly throughout the year, what is the compensation expense in fiscal
pertaining to the previous and current stock awards? Assume forfeited shares were granted evenly throughout the three previous
years.
Note: Enter your answer in millions rounded to decimal place ie should be entered as
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