On 1 July 2012 Chester Ltd Granted an Executive Director

On 1 July 2012 Chester Ltd granted an executive director a choice between receiving a cash payment equivalent to 5000 shares or receiving 6000 shares.The grant is conditional upon the director being under the employ of the entity for 3 years.What is the accounting treatment for this share-based payment arrangement that is consistent with AASB 2?

A) similar treatment with cash-settled transactions
B) similar treatment with equity-settled transactions
C) similar to a compound financial instrument
D) recognise salaries benefit expense at vesting date

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