The ONE Group Hospitality, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2023

Changes in outstanding stock options during the years ended December 31, 2023 and 2022 were as follows:


				Weighted
		Weighted		average	Intrinsic
		average exercise		remaining	value
	Shares	price		contractual life	(thousands)
Outstanding at January 1, 2022	1,252,352	$	3.36
Vested	—		—
Exercised	(65,000)		2.13
Cancelled, expired or forfeited	—		—
Outstanding at December 31, 2022	1,187,352		3.43	2.84 years	$	3,811
Vested	-		-
Exercised	(37,000)		2.87
Cancelled, expired or forfeited	(476,410)		4.62
Outstanding at December 31, 2023	673,942		2.35	3.24 years	$	2,540

Schedule of non-vested stock options

A summary of the status of the Company’s non-vested stock options as of December 31, 2023 and 2022 and changes during the years then ended, is presented below:


		Weighted average
	Shares	grant date fair value
Non-vested stock options at January 1, 2022	125,667	$	1.00
Granted	—		—
Vested	(125,667)		1.00
Cancelled, expired or forfeited	—		—
Non-vested stock options at December 31, 2022	—	$	—
Granted	—		—
Vested	—		—
Cancelled, expired or forfeited	—		—
Non-vested stock options at December 31, 2023	—	$	—

Schedule of RSUs and changes

A summary of the status of RSUs and changes during the years ended December 31, 2023 and 2022 is presented below:


		Weighted average
	Shares	grant date fair value
Non-vested RSUs at January 1, 2022	1,690,010	$	4.98
Granted	983,147		7.31
Vested	(742,781)		3.82
Cancelled, expired or forfeited	(90,944)		6.38
Non-vested RSUs at December 31, 2022	1,839,432	$	6.62
Granted	509,968		7.21
Vested	(851,503)		5.69
Cancelled, expired or forfeited	(102,341)		6.74
Non-vested RSUs at December 31, 2023	1,395,556	$	7.49