The following table summarizes the activities for our unvested RSUs for the year ended December 31, 2017: Weighted Average Grant Date Fair Value $21.60 Unvested at December 31, 2016 Granted Vested Forfeited Unvested at December 31, 2017 Required: 1. Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Number of Shares (in thousands) 115,244 54,462 (48,650) (15,967) 105,089 Compensation expense 32.61 17.18 25.53 $28.40 Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? (Enter your answer in millions rounded to nearest whole number. (i.e., 10,000,000 should be entered as 10).) 444,001,455 million
The following table summarizes the activities for our unvested RSUs for the year ended December 31, 2017: Weighted Average Grant Date Fair Value $21.60 Unvested at December 31, 2016 Granted Vested Forfeited Unvested at December 31, 2017 Required: 1. Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Number of Shares (in thousands) 115,244 54,462 (48,650) (15,967) 105,089 Compensation expense 32.61 17.18 25.53 $28.40 Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? (Enter your answer in millions rounded to nearest whole number. (i.e., 10,000,000 should be entered as 10).) 444,001,455 million
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:The following table summarizes the activities for our unvested RSUs for the year ended December 31, 2017:
Weighted Average
Grant Date Fair
Value
Unvested at December 31, 2016
Granted
Vested
Forfeited
Unvested at December 31, 2017
Required:
1. Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for
the restricted stock units granted during the year ended December 31, 2017?
2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the
year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.)
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Number of Shares
(in thousands)
115,244
54,462
(48,650)
(15,967)
105,089
$
444,001,455
$ 21.60
32.61
17.18
25.53
$ 28.40
Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31,
2018, for the restricted stock units granted during the year ended December 31, 2017? (Enter your answer in millions
rounded to nearest whole number. (i.e., 10,000,000 should be entered as 10).)
Compensation expense
million
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