Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.3.1.900
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity
A summary of stock option activity for the six month period from June 30, 2014 to December 31, 2014 and for the year ended December 31, 2015 is presented below:
 
Number
of
Shares
 
Weighted
Average
Exercise
Price Per
Share
 
Weighted
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic
Value
Outstanding at June 30, 2014

 

 

 

Granted
35,817.010

 
$
1,000

 

 

Exercised or converted

 

 

 

Forfeited or expired

 

 

 

Outstanding at December 31, 2014
35,817.010

 
$
1,000

 
9.5 years

 
$

Exercisable at December 31, 2014

 

 

 
$

Granted
18,455.000

 
$
1,000

 

 

Exercised or converted

 

 

 

Forfeited or expired
(13,646.592
)
 
$
1,000

 

 

Outstanding at December 31, 2015
40,625.418

 
$
1,000

 
9 years

 
$

Exercisable at December 31, 2015

 

 

 
$

Summary of Restricted Stock Activity
A summary of restricted stock activity for the year ended December 31, 2015 is presented below:
 
Number of Shares
 
Weighted-Average Grant Date Fair Value
Unvested at December 31, 2014

 
$

Granted
1,600

 
$
1,000

Vested

 
$

Forfeited

 
$

Unvested at December 31, 2015
1,600

 
$
1,000