Quarterly report pursuant to Section 13 or 15(d)

Stock Award Plans and Stock Based Compensation (Tables)

v3.21.2
Stock Award Plans and Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Stock Option Activity
See below for a summary of the stock options granted under the 2011 and 2018 plans:
2011 Plan 2018 Plan Non Plan Total
Beginning balance as of January 1, 2021 89  5,449,967  5,450,057 
Granted 1,605,000  1,605,000 
Exercised (14,583) (14,583)
Expired (5) (43,070) (43,075)
Forfeited (149,522) (149,522)
Ending balance as of June 30, 2021 84  6,847,792  6,847,877 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions Key weighted-average assumptions used to apply this pricing model during six months ended June 30, 2021 were as follows:
For the Six Months Ended June 30, 2021
Risk-free interest rate 0.59%
Expected life of option grants 5 years
Expected volatility of underlying stock 38.15%
Dividends assumption --