Case 3 Compensation - 213 Words
Murray Compensation, Inc.
Murray Compensation, Inc. (Murray), an SEC registrant that provides payroll processing
and benefit administration services to other companies, granted 100,000 “at-the-money”
employee share options on January 1, 2010. The awards have a grant-date fair value of
$6, vest at the end of the third year of service (cliff-vesting), and have an exercise price
Subsequent to the awards being granted, the stock price has fallen significantly. On
January 1, 2012,...
213 Words | 1 Page