Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.3.1.900
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2015, and changes during the year then ended, is presented below: 

 

 

 

Year Ended December 31, 2015

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Life

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of year

 

 

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

 

 

(45,750

)

 

 

0.39

 

 

 

 

 

 

 

Outstanding at end of year

 

 

5,437,064

 

 

$

1.96

 

 

7.2 years

 

$

301,969

 

Exercisable at end of year

 

 

2,512,049

 

 

$

2.14

 

 

5.6 years

 

$

251,889

 

 

Schedule of Nonvested Restricted Stock Activity

A summary of the status of our unvested restricted stock as of December 31, 2015, and changes during the year then ended, is presented below:

 

 

 

Year Ended

December 31, 2015

 

 

 

Number of

Shares

 

 

Weighted

Average

Grant-Date

Fair Value

 

Unvested at beginning of year

 

 

498,250

 

 

$

1.91

 

Granted

 

 

354,000

 

 

 

1.73

 

Forfeited

 

 

(108,000

)

 

 

2.71

 

Expired

 

 

(50,000

)

 

 

1.93

 

Vested

 

 

(333,250

)

 

 

1.69

 

Unvested at end of year

 

 

361,000

 

 

$

1.69