Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)

v3.22.1
EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)
3 Months Ended
Mar. 31, 2022
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, 2020

 

465,500

$

3.26

 

  

 

Granted

 

 

  

 

Forfeited or rescinded

 

 

  

 

Exercised

Outstanding, March 31, 2021

465,500

$

3.26

3.00 Years

$

134,850

Exercisable, March 31, 2021

460,700

$

3.11

2.95 Years

Outstanding, December 31, 2021

365,500

$

3.61

Granted

Forfeited or rescinded

Exercised

Outstanding, March 31, 2022

 

365,500

$

3.61

 

2.21 Years

$

536,900

Exercisable, March 31, 2022

 

365,500

$

3.61

 

2.21 Years

 

  

Schedule of Restricted Stock Grants

    

    

Weighted- 

Average Grant

    

Restricted stock

    

Date Fair Value

Outstanding, December 31, 2020

 

2,132,297

$

1.03

Granted

 

 

Forfeited or rescinded

 

 

Vested

 

(94,350)

 

4.95

Outstanding, March 31, 2021

2,037,947

$

0.85

Outstanding, December 31, 2021

 

2,572,596

$

1.75

Granted

 

1,247,061

 

2.79

Forfeited or rescinded

Vested

Outstanding, March 31, 2022

3,819,657

$

2.09

Schedule of performance stock units

Weighted-

Performance

Average Grant

    

Stock Units

    

Date Fair Value

Outstanding, December 31, 2020

 

$

Granted

 

 

Forfeited or rescinded

 

 

Vested

 

 

Outstanding, March 31, 2021

 

$

Outstanding, December 31, 2021

 

860,216

$

3.87

Granted

 

860,216

 

3.65

Forfeited or rescinded

 

 

Vested

 

 

Outstanding, March 31, 2022

 

1,720,432

$

3.76