Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.4.0.3
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Options Activity

A summary of the status of our stock options as of March 31, 2016, and changes during the three-month period then ended, is presented below:

 

 

 

Three Months Ended March 31, 2016

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Life

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of period

 

 

5,437,064

 

 

$

1.96

 

 

 

 

 

 

 

Granted

 

 

366,457

 

 

 

0.96

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Canceled and Forfeited

 

 

(112,000

)

 

 

1.86

 

 

 

 

 

 

 

Expired

 

 

(299,000

)

 

 

2.42

 

 

 

 

 

 

 

Outstanding at end of period

 

 

5,392,521

 

 

$

1.87

 

 

7.5 years

 

$

104,600

 

Exercisable at end of period

 

 

3,337,968

 

 

$

2.03

 

 

6.8 years

 

$

101,276

 

 

Schedule of Nonvested Restricted Stock Activity

A summary of the status of our unvested restricted stock as of March 31, 2016, and changes during the three-month period then ended, is presented below:

 

 

 

Three Months Ended

March 31, 2016

 

 

 

Number of

Shares

 

 

Weighted

Average

Grant-Date

Fair Value

 

Unvested at beginning of period

 

 

361,000

 

 

$

1.69

 

Granted

 

 

 

 

 

 

Vested

 

 

(66,000

)

 

 

1.65

 

Forfeited

 

 

(161,000

)

 

 

1.75

 

Unvested at end of period

 

 

134,000

 

 

$

1.63