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In May 2011,Egret,Inc.issues options to Andrea,a corporate officer,to purchase 200 shares of Egret stock under an ISO plan.At the date the stock options are issued,the fair market value of the stock is $900 per share and the option price is $1,200 per share.The stock becomes freely transferable in 2012.Andrea exercises the options in November 2011 when the stock is selling for $1,600 per share.She sells the stock in December 2013 for $1,800 per share.
Schizophrenia
A chronic brain disorder that affects less than one percent of the U.S. population and is characterized by delusions, hallucinations, disorganized speech, and impairments in social or occupational functioning.
Theorists
Individuals who develop theories in a variety of fields to explain phenomena, predict future trends, or understand complex relationships.
Psychological
Pertaining to the mind or mental processes, often relating to mental health and behavior.
Brief Psychotic
Describes a sudden, temporary episode of psychotic behavior, such as hallucinations or delusions, lasting less than a month.
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