Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLAN (Tables)

v3.24.1.u1
STOCK-BASED COMPENSATION PLAN (Tables)
3 Months Ended
Mar. 31, 2024
STOCK-BASED COMPENSATION PLAN  
Schedule Of Valuation Assumptions Used In Computing Fair Value Of Stock-Based Awards

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Number of options

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1,140

Option vesting period

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2 Years

Grant price (per share)

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$6.75

Dividend yield

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1.48%

Expected volatility (a)

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50.30%

Risk-free interest rate

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4.08%

Expected life (years) (b)

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5.75

Weighted average fair value (per share)

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$3.06

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

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