Short Answer
The following is a summary of the stock option activity at NetFlix during 2016.
Required:
a. How many options did NetFlix grant to employees during the year? At what price may NetFlix employees buy shares in the future for options granted during 2016?
b. How many options did employees exercise during the year?
c. When employees exercised their options during 2016, how much cash did NetFlix receive?
d. Assume that NetFlix granted options "at the money" during 2016. How much profit did employees make at exercise?
Correct Answer:
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a. NetFlix granted 3,555,363 options to ...View Answer
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