Options Granted During the Nine Months Ended September 30, 2018



Number of options

1,913

Option vesting period

1 - 5 Years

Grant price

$6.80 - $9.18

Dividend yield

0.00% - 1.09%

Expected volatility (a)

40.7% - 42.5%

Risk-free interest rate

2.65% - 2.88%

Expected life (years) (b)

5.00 - 6.50

Weighted average fair value

$2.77 - $3.63



(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.