Employee Stock Options (Questions eight through 12) Please refer to the excerpts about Netflix's stock option plan that are taken from Netflix's 10-K for the fiscal year that ended on December 31, 2020. Note that, for your convenience, the table shown in this excerpt is also provided in the Excel workbook. It is in the worksheet named Netflix ESOs. When answering questions eight through 12, please show your supporting calculations in the worksheet named Netflix ESOS. Please make the following assumptions: The weighted average fair value of an option outstanding on December 31, 2019 was $222.46. All the options that were exercised during the fiscal year that ended on December 31, 2020 were about to expire. That is, employees waited until the very last moment, and then they exercised their options. The weighted average fair value of an option granted by Netflix to an employee during 2020 was $217.42. The weighted average fair value of an option outstanding on December 31, 2 What was Netflix's pro forma (i.e., unrecognized) employee stock option (i.e., ESO) obligation on December 31, 2019? Your answer should be in millions of dollars. Employee Stock Options (Questions eight through 12) Please refer to the excerpts about Netflix's stock option plan that are taken from Netflix's 10- K for the fiscal year that ended on December 31, 2020. Note that, for your convenience, the table shown in this excerpt is also provided in the Excel workbook. It is in the worksheet named Netflix ESOs. When answering questions eight through 12, please show your supporting calculations in the worksheet named Netflix ESOS. Please make the following assumptions: ⚫ The weighted average fair value of an option outstanding on December 31, 2019 was $222.46. • All the options that were exercised during the fiscal year that ended on December 31, 2020 were about to expire. That is, employees waited until the very last moment, and then they exercised their options. .The weighted average fair value of an option granted by Netflix to an employee during 2020 was $217.42. ⚫ The weighted average fair value of an option outstanding on December 31, 2020 was $393.45.
Employee Stock Options (Questions eight through 12) Please refer to the excerpts about Netflix's stock option plan that are taken from Netflix's 10-K for the fiscal year that ended on December 31, 2020. Note that, for your convenience, the table shown in this excerpt is also provided in the Excel workbook. It is in the worksheet named Netflix ESOs. When answering questions eight through 12, please show your supporting calculations in the worksheet named Netflix ESOS. Please make the following assumptions: The weighted average fair value of an option outstanding on December 31, 2019 was $222.46. All the options that were exercised during the fiscal year that ended on December 31, 2020 were about to expire. That is, employees waited until the very last moment, and then they exercised their options. The weighted average fair value of an option granted by Netflix to an employee during 2020 was $217.42. The weighted average fair value of an option outstanding on December 31, 2 What was Netflix's pro forma (i.e., unrecognized) employee stock option (i.e., ESO) obligation on December 31, 2019? Your answer should be in millions of dollars. Employee Stock Options (Questions eight through 12) Please refer to the excerpts about Netflix's stock option plan that are taken from Netflix's 10- K for the fiscal year that ended on December 31, 2020. Note that, for your convenience, the table shown in this excerpt is also provided in the Excel workbook. It is in the worksheet named Netflix ESOs. When answering questions eight through 12, please show your supporting calculations in the worksheet named Netflix ESOS. Please make the following assumptions: ⚫ The weighted average fair value of an option outstanding on December 31, 2019 was $222.46. • All the options that were exercised during the fiscal year that ended on December 31, 2020 were about to expire. That is, employees waited until the very last moment, and then they exercised their options. .The weighted average fair value of an option granted by Netflix to an employee during 2020 was $217.42. ⚫ The weighted average fair value of an option outstanding on December 31, 2020 was $393.45.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Employee Stock Options (Questions eight through 12) Please refer to the excerpts about Netflix's stock option plan that
are taken from Netflix's 10-K for the fiscal year that ended on December 31, 2020. Note that, for your convenience, the
table shown in this excerpt is also provided in the Excel workbook. It is in the worksheet named Netflix ESOs. When
answering questions eight through 12, please show your supporting calculations in the worksheet named Netflix ESOS.
Please make the following assumptions: The weighted average fair value of an option outstanding on December
31, 2019 was $222.46. All the options that were exercised during the fiscal year that ended on December 31, 2020
were about to expire. That is, employees waited until the very last moment, and then they exercised their options. The
weighted average fair value of an option granted by Netflix to an employee during 2020 was $217.42. The weighted
average fair value of an option outstanding on December 31, 2 What was Netflix's pro forma (i.e., unrecognized)
employee stock option (i.e., ESO) obligation on December 31, 2019? Your answer should be in millions of dollars.
Employee Stock Options (Questions eight through 12)
Please refer to the excerpts about Netflix's stock option plan that are taken from Netflix's 10-
K for the fiscal year that ended on December 31, 2020. Note that, for your convenience, the
table shown in this excerpt is also provided in the Excel workbook. It is in the worksheet
named Netflix ESOs.
When answering questions eight through 12, please show your supporting calculations in
the worksheet named Netflix ESOS. Please make the following assumptions:
⚫ The weighted average fair value of an option outstanding on December 31, 2019 was
$222.46.
• All the options that were exercised during the fiscal year that ended on December 31,
2020 were about to expire. That is, employees waited until the very last moment, and
then they exercised their options.
.The weighted average fair value of an option granted by Netflix to an employee during
2020 was $217.42.
⚫ The weighted average fair value of an option outstanding on December 31, 2020 was
$393.45.
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