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AAPL » Topics » Acquisition-Related Deferred Stock Compensation

These excerpts taken from the AAPL 10-K filed Dec 19, 2002.

Acquisition-Related Deferred Stock Compensation

The Company allocated $12.8 million of its purchase consideration for PowerSchool to acquisition-related deferred stock compensation within shareholders' equity. This amount represents the intrinsic value of stock options assumed that vest as future services are provided by employees and related to 445,000 common shares issued contingent on continued employment of certain PowerSchool employee stockholders.

Acquisition-Related Deferred Stock Compensation



The Company allocated $12.8 million of its purchase consideration for PowerSchool to acquisition-related deferred stock compensation within shareholders' equity. This
amount represents the intrinsic value of stock options assumed that vest as future services are provided by employees and related to 445,000 common shares issued contingent on continued employment of
certain PowerSchool employee stockholders.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Dec 19, 2002

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