Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)

v3.20.2
EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)
6 Months Ended
Jun. 30, 2020
EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN  
Schedule of Stock Options Activity

    

    

    

Weighted-

    

Weighted-

Average

Average

Remaining

Aggregate

Exercise

Contractual

Intrinsic

Shares

Price

Term

Value

Outstanding, December 31, 2018

 

2,751,000

$

6.28

 

  

 

  

Granted

 

$

 

  

 

  

Forfeited or rescinded

 

(2,500)

$

11.70

 

  

 

  

Vested

 

$

 

  

 

  

Outstanding, June 30, 2019

 

2,748,500

$

6.28

 

4.5 Years

$

493,750

Exercisable, June 30, 2019

 

2,327,400

$

5.42

 

4.0 Years

 

  

Outstanding, December 31, 2019

 

2,748,500

$

6.28

 

  

 

  

Granted

 

$

 

  

 

  

Forfeited or rescinded

 

(2,265,000)

$

6.87

 

  

 

  

Vested

 

$

 

  

 

  

Outstanding, June 30, 2020

 

483,500

$

3.52

 

2.2 Years

$

Exercisable, June 30, 2020

 

457,700

$

3.12

 

1.9 Years

 

  

Schedule of Restricted Stock Grants

    

    

Weighted- 

Average Grant  

Restricted stock

Date Fair Value

Outstanding, December 31, 2018

 

878,360

$

7.36

Granted

 

15,400

 

5.01

Forfeited or rescinded

 

(4,120)

 

7.13

Vested

 

(400)

 

13.32

Outstanding, June 30, 2019

 

889,240

$

7.31

Outstanding, December 31, 2019

 

1,341,889

$

4.94

Granted

 

 

Forfeited or rescinded

 

(9,200)

 

3.97

Vested

 

(3,480)

 

5.96

Outstanding, June 30, 2020

 

1,329,209

$

4.99