asked 183k views
4 votes
Tom recently received ,2000 shares of restricted stock from his employer, independence corporation, whent he share price was $10 per share. tom's restricted shares vested three years later when the market price was $14. tom held the shares for a little more than a year and sold them when the market price was $20. what is the amount of tom's income or loss one the vesting date

1 Answer

7 votes
even if the value of restricted stock decreases

answered
User Barrylloyd
by
7.9k points
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