NO.PZ2023040501000169
问题如下：
Sallie Kwan Industrials (SKI) reports under US GAAP. The company
disclosed the following information in a note to its financial statements
titled “Share-Based Compensation.”
Under our Share Incentive Plan, the Company grants
restricted stock units (“RSUs”) to its officers, employees, directors and other
eligible persons of up to 83,000,000 Class A ordinary shares. RSUs vest 25% on
the first anniversary year from the grant date and the remaining 75% vest in 12
substantially equal quarterly installments. RSU activity for the two years
ended 31 December 20X2 was as follows.
Share-based
compensation expense for RSUs is measured based on the fair value of the
Company’s ordinary shares on the date of grant. SKI accounts for forfeitures as
they occur.
The amount recognized as operating expense on SKI’s income
statement related to its Equity Incentive Plan for the year ended 31 December
20X2 is closest to:
选项：
A.SGD 51.4 million
SGD 64.1 million.
SGD 123.1 million.
解释：
A is correct. The amount recognized as operating expense is
the share-based compensation expense, which the product of 3,332,063 RSUs
vested with a per-share grant-date fair value of SGD 19.25 less forfeitures of
442,181 with a per-share grant-date fair value of SGD 28.74. (3,332,063 x
19.25) – (442,181 x28.74) = 51,433,931.
听了经典题讲解，老师说forfeit需要扣除的原因是可能前期这部分已经计算了expense。可是forfeit的部分应该是从来没有解锁过的RSU，因为达不到解锁条件而被forfeit的，那么之前是因为什么原因被计算过expense呢？所以还是不明白为什么这题在计算expense时要把forfeit的部分减掉，而不能只通过vested部分计算expense。
对应下一个题目提到的计算shares outstanding的问题，我可以理解如果要计算增加了多少shares outstanding，那么就只要关注vested，即已解锁的部分即可，因为forfeit的部分从来没有被解锁过。
麻烦老师解答，谢谢！
