Forfeiture if employment is terminated


On January 1, 2013, VKI Corporation awarded 12 million of its $1 par common shares to key personnel, subject to forfeiture if employment is terminated within three years. On the grant date, the shares have a market price of $2.50 per share.

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Accounting Basics: Forfeiture if employment is terminated
Reference No:- TGS046259

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