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What is Gamma Executive Share Grant Details about?

On 1 April 20X4, Gamma granted 12,000 shares to ten senior executives, vesting on 31 March 20X7, contingent on their employment. Although one executive may retire before vesting, the others are expected to remain employed. The executives are likely to choose shares over a cash alternative, so the share issuance will be recognized on 31 March 20X7 without affecting financial statements until that date.

Author
mylt082018
Language
EN

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