CERTYNEX IFRS ACADEMY

After three years of service, Lumen SA promises its executives 100 shares of Lumen issued by the company; the value of these shares moves with the share price. How is the award classified?

Equity-settled, because the executives receive shares issued by Lumen.

Cash-settled, because the value the executives receive depends on the share price.

With a settlement alternative, because the executives may prefer to resell the shares received.

Outside the scope, because the number of shares delivered is fixed in advance.