Item4 Item 4 The Marcus Burger Corporation provides an executive stock option plan. Under the...
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Item4 Item 4 The Marcus Burger Corporation provides an executive stock option plan. Under the plan, the company granted options on January 1, 2024, that permit executives to acquire 14.0 million of the company's $1 par value common shares within the next five years, but not before December 31, 2027 (the vesting date). The exercise price is the market price of the shares on the date of the grant, $15 per share. The fair value of the options, estimated by
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