Linda was given an option to purchase 100000 shares at s230, Ask an Expert

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Linda was given an Option to purchase 100,000 shares at S$2.30 each at her local manufacturing company under the Staff Share Option Scheme. She exercised the option and later sold the shares. The details of the share prices and the relevant dates are given below:

5 October 2015

Option Exercise Price S$2.30

12 July 2016

Option Exercised S$3.50

19 August 2017

Sold the Shares S$5.00

Question:

Calculate the amount of Share Option benefit assessable on Linda.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92863129

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