What are the tax results to K. a turning that to the fourth year E is still employed by Web and exercwes the option to purchase 100,000 shares of the company a stock when it is worth $10 per share? If the option gives E the right to immediately purchase 100.000 shares of Web stock for $1.50 per share, but E s right (and the right of any transferee) to retain the stock is conditioned upon E working for Web for three years, what result if E exercises the option and purchases 100,000 shares of Web stock in the first year for its $1.50 per share fair market value? What result in (a), above, if E gives the option to Child who exercises the option in the fourth year