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On December 1 7 , 2 0 2 3 , ABC Corp granted 2 0 , 0 0 0 to its employee Amy. No other

On December 17,2023, ABC Corp granted 20,000 to its employee Amy. No other options were granted that year. The exercise price was $10. The fair market value of the stock was $10. The options were intended to be ISO. Which statement best describes the issuance?
a. All of the options will be treated as non-qualified stock option.
b. If the company restricted the option exercise and they vest over two or more years all of the options will be treated as non-qualified stock options.
c. If the company restricted the option exercise and they vest over two or more years all of the options will be treated as ISO.
d. All of the options will be treated as incentive stock options.
e. More information is needed.

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