Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plans (Tables)

v3.22.0.1
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2021
Employee Benefit Plans  
Schedule of stock option activity

Changes in outstanding stock options during the years ended December 31, 2021 and 2020 were as follows:

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Weighted

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Weighted

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average

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Intrinsic

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average exercise

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remaining

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value

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Shares

    

price

    

contractual life

    

(thousands)

Outstanding at January 1, 2020

 

1,806,508

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$

3.37

 

  

 

​

  

Vested

 

—

​

 

—

 

  

 

​

  

Exercised

 

(18,000)

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2.13

 

  

 

​

  

Cancelled, expired or forfeited

 

(81,500)

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3.75

 

  

 

​

  

Outstanding at December 31, 2020

 

1,707,008

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$

3.37

 

4.98 years

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$

1,454

Exercisable at December 31, 2020

 

1,443,675

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$

3.57

 

4.68 years

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$

1,112

Vested

 

594,402

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3.09

 

  

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Exercised

 

(1,039,058)

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3.23

 

  

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Cancelled, expired or forfeited

 

(10,000)

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2.13

 

  

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Outstanding at December 31, 2021

 

1,252,352

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$

3.36

 

3.92 years

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$

11,581

Exercisable at December 31, 2021

 

1,126,685

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$

3.48

 

3.72 years

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$

10,283

Schedule of non-vested stock options

A summary of the status of the Company’s non-vested stock options as of December 31, 2021 and 2020 and changes during the years then ended, is presented below:

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Weighted average

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Shares

    

grant date fair value

Non-vested stock options at January 1, 2020

 

536,000

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$

0.87

Granted

 

—

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—

Vested

 

(272,667)

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0.75

Cancelled, expired or forfeited

 

—

​

 

—

Non-vested stock options at December 31, 2020

 

263,333

​

$

0.99

Granted

 

—

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—

Vested

 

(127,667)

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1.00

Cancelled, expired or forfeited

 

(10,000)

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0.87

Non-vested stock options at December 31, 2021

 

125,667

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$

1.00

Schedule of restricted stock awards and changes

A summary of the status of RSUs and changes during the years ended December 31, 2021 and 2020 is presented below:

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Weighted average

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Shares

    

grant date fair value

Non-vested RSUs at January 1, 2020

 

955,011

​

$

2.69

Granted

 

1,316,174

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1.21

Vested

 

(305,027)

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2.77

Cancelled, expired or forfeited

 

(94,566)

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2.12

Non-vested RSUs at December 31, 2020

 

1,871,592

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$

1.68

Granted

 

977,599

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7.74

Vested

 

(1,109,250)

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1.90

Cancelled, expired or forfeited

 

(49,931)

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5.18

Non-vested RSUs at December 31, 2021

 

1,690,010

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$

4.98