Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.3.0.814
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Options Activity

A summary of the status of our stock options as of September 30, 2015, and changes during the nine-month period then ended, is presented below:

 

 

 

Nine Months Ended September 30, 2015

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Life

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of period

 

 

5,345,764

 

 

$

2.16

 

 

 

 

 

 

 

Granted

 

 

1,365,400

 

 

 

1.67

 

 

 

 

 

 

 

Exercised

 

 

(146,625

)

 

 

0.61

 

 

 

 

 

 

 

Canceled and Forfeited

 

 

(1,081,725

)

 

 

2.82

 

 

 

 

 

 

 

Expired

 

 

(5,750

)

 

 

1.26

 

 

 

 

 

 

 

Outstanding at end of period

 

 

5,477,064

 

 

$

1.95

 

 

7.4 years

 

$

3,058,790

 

Exercisable at end of period

 

 

2,222,049

 

 

$

2.21

 

 

5.3 years

 

$

1,012,990

 

 

Schedule of Nonvested Restricted Stock Activity

A summary of the status of our unvested restricted stock as of September 30, 2015, and changes during the nine-month period then ended, is presented below:

 

 

 

Nine Months Ended

September 30, 2015

 

 

 

Number of

Shares

 

 

Weighted

Average

Grant-Date

Fair Value

 

Unvested at beginning of period

 

 

498,250

 

 

$

1.91

 

Granted

 

 

354,000

 

 

 

1.73

 

Vested

 

 

(240,750

)

 

 

1.85

 

Forfeited

 

 

(108,000

)

 

 

2.71

 

Unvested at end of period

 

 

503,500

 

 

$

1.63