Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation Plan (Tables)

v3.21.1
Stock-Based Compensation Plan (Tables)
3 Months Ended
Mar. 31, 2021
Stock Options [Member]  
Schedule Of Valuation Assumptions Used In Computing Fair Value Of Stock-Based Awards

Number of options

400

Option vesting period

3 Years

Grant price (per share)

$15.15

Dividend yield

0.66%

Expected volatility (a)

43.6%

Risk-free interest rate

0.50%

Expected life (years) (b)

6.00

Weighted average fair value (per share)

$5.88

(a)Expected volatility is based upon the Company’s historical volatility.

(b)The expected term was determined based upon the underlying terms of the awards and the category and employment history of employee award recipient.