On 1/1/2013, a company grants 1,000 options to its CEO with an exercise price of $60 as compensation. The options vest after three years and expire after 10 years. The stock price is $60 on the grant date. The fair value of the options is $30 per share at the grant date.

How much compensation expense for stock options will the company recognize in fiscal year 2013?

$20,000

$0

$30,000

$10,000

$15,000