Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation Plan (Tables)

v3.19.3
Stock-Based Compensation Plan (Tables)
9 Months Ended
Sep. 30, 2019
Schedule Of Valuation Assumptions Used In Computing Fair Value Of Stock-Based Awards



 

 



 

January 7, 2019



 

 

Number issued

 

500

Vesting period

 

$15.00 stock price target

Grant price

 

$10.21

Expected volatility

 

42.4%

Risk-free interest rate

 

2.53%

Expected term (years)

 

4.28 - 5.28

Weighted average fair value

 

$7.92



Stock Options  
Schedule Of Valuation Assumptions Used In Computing Fair Value Of Stock-Based Awards



 

 

Options Granted During the Nine Months Ended September 30, 2019



 

 

Number of options

 

188

Option vesting period

 

1 - 3 Years

Grant price

 

$13.21

Dividend yield

 

0.76%

Expected volatility (a)

 

41.0% - 41.2%

Risk-free interest rate

 

1.88% - 1.93%

Expected life (years) (b)

 

5.31 - 6.00

Weighted average fair value

 

$4.87 - $5.13



 

 

(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.