Refer to the most recent 10-K for Apple Inc (2017) and Alphabet Inc. (2016) (2 p

Question

Refer to the most recent 10-K for Apple Inc (2017) and Alphabet Inc. (2016)
(2 points for on-time submission):

(a)          What employee stock compensation plans are offered by Apple and Alphabet (plan name and type of awards)? (2 points)

(b)          How many RSUs are outstanding (unvested) at year-end for both Apple and Alphabet? (2 points)

(c)           How many RSUs were granted by Apple and Alphabet during the most recent fiscal year? (2 points)

(d)          What is the unrecognized compensation costs related to stock based compensation for Apple and Alphabet during the most recent fiscal year? Over what period will this compensation be recognized (if given)? (4 points)

(e)          What is the weighted-average number of shares used by Apple and Alphabet during the most recent fiscal year to calculate Basic EPS? What is Basic EPS? (4 points)

(f)           What is the weighted-average number of shares used by Apple and Alphabet during the most recent fiscal year to calculate Dilutive EPS? What is Dilutive EPS? (4 points)

Explanation / Answer

$8.1 billion

Apple Inc Alphabet Inc Employee Stock Compensation Plan 2014 Employee Stock Plan Reward The 2014 Plan provides for broad-based equity grants to employees, including executive officers, and permits the granting of RSUs, stock grants, performance-based awards, stock options and stock appreciation rights, as well as cash bonus awards. RSUs granted under the 2014 Plan generally vest over four years, based on continued employment, and are settled upon vesting in shares of the Company’s common stock on a one-for-one basis. Each share issued with respect to RSUs granted under the 2014 Plan reduces the number of shares available for grant under the plan by two shares. Currently, all RSUs granted under the 2014 Plan have dividend equivalent rights (“DERs”), which entitle holders of RSUs to the same dividend value per share as holders of common stock. DERs are subject to the same vesting and other terms and conditions as the corresponding unvested RSUs. Stock-based compensation includes restricted stock units (RSUs) that will be settled in Alphabet stock as well as awards we expect to
ultimately settle in cash. RSUs are measured at the fair market value of the underlying stock at the grant date. Liability classified awards are
remeasured at fair value through settlement How many RSUs are outstanding (unvested) as of Year end 97,571 2,53,48,955 As of September 30, 2017 As of December 31, 2017 How many RSUs were granted 50,112 1,35,02,900 What is the unrecognized compensation costs related to stock based compensation

$8.1 billion

$14.6 billion Over what period will this compensation be recognized 2.5 years 2.7 years What is the weighted-average number of shares used during the most recent fiscal year to calculate Basic EPS 5,217,242 Class A Shares 294,217 Class B Shares 48859 Class C Shares 344702 Basic EPS $9.27 Basic net income per share of Class A, Class B and Class C common stock $28.32 What is the weighted-average number of shares used by Apple and Alphabet during the most recent fiscal year to calculate Dilutive EPS 5,251,692 Class A Shares 345131 Class B Shares 48859 Class C Shares 353575 What is Dilutive EPS $9.21 Diluted net income per share of Class A, Class B and Class C common stock $27.85

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