Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation Plan (Tables)

Stock-Based Compensation Plan (Tables)

9 Months Ended

Sep. 30, 2021

Schedule Of Share Based Payment Award Restricted Stock Valuation Assumptions


		May 28, 2021

Number issued		500
Vesting period		$35.00 stock price target
Grant price (per share)		$23.69
Dividend yield		0.42%
Expected volatility		42.3%
Risk-free interest rate		0.30%
Expected term (years)		1.05
Weighted average fair value (per share)		$14.46

Stock Options [Member]

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


Number of options		500
Option vesting period		1 - 3 Years
Grant price (per share)		$15.15 - $24.43
Dividend yield		0.41% - 0.66%
Expected volatility (a)		39.1% - 43.6%
Risk-free interest rate		0.50% - 1.02%
Expected life (years) (b)		5.31 - 6.00
Weighted average fair value (per share)		$5.88 - $9.23

(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.