Ensor Materials Corp. granted 20 million stock options to key executives for 20 million shares of $1 par common stock. The vesting date is 12/31/2013. The options are exercisable between 1/1/14 and 12/31/16 for $15 per share. The fair value of the 20 million options is $6 per option. In 2012, an executive resigned, forfeiting his two million options. All other options were exercised on 7/12/2015 when the stock’s price was $19 per share.