Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.19.1
STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2018
Schedule of stock option activity

 

 

 

 

 

 

 

 

 

 

  

 

  

Weighted-Average

  

Weighted-Average

 

 

Options

 

Exercise Price

 

Remaining Contract Term

Outstanding at December 31, 2017

 

122,000

 

$

13.85

 

 

 

Outstanding at December 31, 2018

 

122,000

 

$

13.85

 

 

2.625 years

Exercisable at December 31, 2018

 

122,000

 

$

13.85

 

 

2.625 years

 

Service vesting  
Summary of unvested restricted stock award activity

 

 

 

 

 

 

 

  

 

  

Weighted-Average

 

 

 

 

Grant Date

 

 

Shares

 

Fair Value per Share

Unvested restricted stock at December 31, 2017

 

91,971

 

$

6.89

Granted

 

757,123

 

 

2.61

Vested

 

(411,567)

 

 

4.37

Modified

 

210,668

 

 

4.30

Forfeited

 

(13,441)

 

 

2.85

Unvested restricted stock at December 31, 2018

 

634,754

 

$

2.65

 

Market-based vesting  
Summary of unvested restricted stock award activity

 

 

 

 

 

 

 

  

 

  

Weighted-Average

 

 

 

 

Grant Date

 

 

Shares

 

Fair Value per Share

Unvested restricted stock at December 31, 2017

 

404,304

 

$

3.34

Granted

 

478,508

 

 

1.21

Vested

 

(322,751)

 

 

4.67

Modified

 

66,335

 

 

4.67

Forfeited

 

(5,939)

 

 

2.91

Unvested restricted stock at December 31, 2018

 

620,457

 

$

1.72

 

Schedule of assumptions used for options

 

 

 

 

 

Expected term (years)

  

  
3.03

 

Expected volatility

 

 

35.1 

%

Expected dividend yield

 

 
0.00

%

Risk-free interest rate

 

 

2.67 

%

Weighted-average grant date fair value

 

$

1.27