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On Jan 1, 2019, P granted 7216 of its $1 par common shares to executives, subject to forfeiture if employment is terminated within 9 years.

  • On Jan 1, 2019, P granted 7216 of its $1 par common shares to executives, subject to forfeiture if employment is terminated within 9 years.
  • The grants of restricted stock vest over 3 years.
  • The common shares have a market price of $23 per share on the grant date.

The effect on this grant on earnings for 2019 is:

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