Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.7.0.1
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Nonvested Restricted Stock Shares Activity The following table summarizes the Company’s other restricted stock activity:
 
Shares
 
Wtd. Avg. Price at Date of Issuance
Nonvested at December 31, 2014
—

 
$
—

Granted
67,076

 
12.15

Vested
(22,364
)
 
12.15

Nonvested at December 31, 2015
44,712

 
12.15

Granted
—

 
—

Vested
(22,364
)
 
12.15

Nonvested at December 31, 2016
22,348

 
12.15


 
As of December 31, 2016, total unrecognized stock-based compensation expense related to non-vested restricted stock was $38,000, which is expected to be recognized over a weighted-average period of one year.
Schedule of Nonvested Share Activity
 
Shares
 
Wtd. Avg. Grant-Date Fair Value
Nonvested at December 31, 2013
53,324

 
$
1.37

Vested
(25,342
)
 
1.37

Forfeited
(3,998
)
 
1.37

Nonvested at December 31, 2014
23,984

 
1.37

Vested
(23,984
)
 
1.37

Forfeited
—

 
—

Nonvested at December 31, 2015
—

 
—