The growth of the perofomance-vested stockoption is remarkable in the United States and Japan.
The situation in Japan is as follows.
A company issues for executives as "share option" and executives need to pay some price. If the price is a fair-value , the company need not get approval for issuance at a general shareholders meeting.
So in Japan, the fair value of the share option is very important.
I suppose that the perofomance-vested stock option is granted for free in the United States.
I would like to know whether the fair value is important in the United States or not.
If it is important in the United States,I I would like to know the reason.