| The following table summarizes changes in the number of outstanding stock options under the 2011 Plan over the period December 31, 2020 to September 30, 2021: |
The
following table summarizes changes in the number of outstanding stock options under the 2011 Plan over the period December 31, 2020 to
September 30, 2021:
| |
|
|
|
|
|
|
| |
|
|
|
|
|
Weighted
average |
| |
|
|
Weighted
average |
|
remaining |
| |
|
|
exercise
price |
|
contractual
term |
| |
Options |
|
per
share |
|
in
years |
| Outstanding
– December 31, 2020 |
1,173,190 |
|
$ |
6.52 |
|
3.35 |
| Awarded |
— |
|
|
— |
|
|
| Exercised |
(799,390) |
|
|
4.70 |
|
|
| Forfeited |
(373,800) |
|
|
10.43 |
|
|
| Outstanding – September 30, 2021 |
— |
|
|
— |
|
— |
| |
|
|
|
|
|
|
| Exercisable at September 30, 2021 |
— |
|
$ |
— |
|
— |
| Expected to vest September 30, 2021 |
— |
|
|
— |
|
— |
|
The following
table summarizes changes in the number of outstanding stock options under the Director Plan, Stock Plan and the 2011 Incentive Plan during
the two years ended December 31, 2020.
| |
|
|
|
|
Weighted
average |
|
|
Weighted
average |
| |
|
|
|
|
exercise
price |
|
|
remaining |
| |
|
Options |
|
|
per
share |
|
|
contractual
term |
| Outstanding
– December 31, 2018 |
|
|
1,380,492 |
|
|
$ |
7.56 |
|
|
4.18 years |
| Awarded |
|
|
100,769 |
|
|
|
2.69 |
|
|
|
| Exercised |
|
|
(151,950 |
) |
|
|
4.08 |
|
|
|
| Forfeited |
|
|
(198,839 |
) |
|
|
9.33 |
|
|
|
| Outstanding –
December 31, 2019 |
|
|
1,130,472 |
|
|
|
7.28 |
|
|
3.48 years |
| Awarded |
|
|
191,301 |
|
|
|
5.10 |
|
|
|
| Exercised |
|
|
(8,000 |
) |
|
|
2.64 |
|
|
|
| Forfeited |
|
|
(140,583 |
) |
|
|
10.90 |
|
|
|
| Outstanding –
December 31, 2020 |
|
|
1,173,190 |
|
|
|
6.52 |
|
|
3.35 years |
| |
|
|
|
|
|
|
|
|
|
|
| Exercisable at
December 31, 2020 |
|
|
877,926 |
|
|
$ |
7.20 |
|
|
2.59 years |
| Expected to vest
December 31, 2020 |
|
|
1,173,190 |
|
|
$ |
6.52 |
|
|
3.35 years |
|
| The following table summarizes the changes in the number of deferred stock shares under the 2011 Plan over the period December 31, 2020 to September 30, 2021: |
The following table summarizes the changes in the number of deferred stock shares under the 2011 Plan over the period December 31, 2020 to
September 30, 2021:
| |
|
|
|
Weighted
Average |
| |
|
|
|
Grant
Date |
| |
|
Shares |
|
Fair
Value |
| Outstanding
– December 31, 2020 |
|
272,695 |
|
$ |
3.91 |
| Granted |
|
— |
|
|
— |
| Vested |
|
(194,586) |
|
|
4.05 |
| Forfeited |
|
(78,109) |
|
|
3.56 |
| Outstanding
– September 30, 2021 |
|
— |
|
|
— |
|
The following
table summarizes the changes in the number of deferred stock shares under the Stock Plan and 2011 Incentive Plan over the period from
December 31, 2018 to December 31, 2020:
| |
|
|
|
|
Weighted
Average |
|
| |
|
|
|
|
Grant
Date |
|
| |
|
Shares |
|
|
Fair
Value |
|
| Outstanding
– December 31, 2018 |
|
|
270,066 |
|
|
$ |
4.48 |
|
| Granted |
|
|
161,107 |
|
|
|
2.76 |
|
| Vested |
|
|
(4,575 |
) |
|
|
4.56 |
|
| Forfeited |
|
|
(105,371 |
) |
|
|
3.90 |
|
| Outstanding –
December 31, 2019 |
|
|
321,227 |
|
|
|
3.37 |
|
| Granted |
|
|
95,631 |
|
|
|
5.33 |
|
| Vested |
|
|
(57,952 |
) |
|
|
2.81 |
|
| Forfeited |
|
|
(86,211 |
) |
|
|
4.22 |
|
| Outstanding –
December 31, 2020 |
|
|
272,695 |
|
|
|
3.91 |
|
|