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On 1-1-2021 under its restricted stock unit (RSU) plan, Granger Corporation granted restricted stock units (RSUs) representing 3,000 shares of Granger's common stock to key
On 1-1-2021 under its restricted stock unit (RSU) plan, Granger Corporation granted restricted stock units (RSUs) representing 3,000 shares of Granger's common stock to key employees. The vesting period for the RSUs is from 1-1-2021 until 12-31-2023, i.e., 3 years. The common stock has a par value of $2 per share. The RSU plan will be settled with cash on 12-31-2023. All the RSUs were expected to vest and did vest. The market price of the stock (i.e., unrestricted share) fluctuated as shown below. Common Stock Price at various dates On 12-31-2023 Granger paid out the necessary cash in exchange for all the RSUs. On 12-31-2023 how much cash did Granger pay out? On 1-1-2021 under its restricted stock unit (RSU) plan, Wagner Corporation granted restricted stock units (RSUs) representing 6,000 shares of Wagner 's common stock to key employees. The vesting period for the RSUs is from 1-1-2021 until 12-31-2023, i.e., 3 years. The common stock has a par value of $2 per share. The RSU plan will be settled with cash on 12-31-2023. All the RSUs were expected to vest and did vest. The market price of the stock (i.e., unrestricted share) fluctuated as shown below. Common Stock Price at various dates As a result of the RSU plan, how much Compensation Expense will Wagner report on its 2022 income statement? Corporation granted restricted stock units (RSUs) representing 6,000 shares of Holman 's common stock to key employees. The vesting period for the RSUs is from 1-1-2021 until 12-31-2023, i.e., 3 years. The common stock has a par value of $2 per share. The RSU plan will be settled with cash on 12-31-2023. All the RSUs were expected to vest and did vest. The market price of the stock (i.e., unrestricted share) fluctuated as shown below. Common Stock Price at various dates As a result of the RSU plan, on its 12-31-2022 balance sheet Holman will show On 1-1-2021 under its restricted stock unit (RSU) plan, Lange Corporation granted restricted stock units (RSUs) representing 5,000 shares of Lange 's common stock to key employees. The vesting period for the RSUs is from 1-1-2021 until 12-31-2025, i.e., 5 years. The common stock has a par value of $2 per share. The RSU plan will be settled with cash on 12-31-2025. All the RSUs were expected to vest and did vest. The market price of the stock (i.e., unrestricted share) fluctuated as shown below. Common Stock Price at various dates How much Compensation Expense will Lange recognize on its 2021 income statement
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