Note 9 - Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Notes Tables

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

	Shares			Weighted-Average Grant Date Fair Value
Unvested RSUs at December 31, 2019		1,107,796		$	6.60
Granted		568,900		$	5.15
Forfeited		(1,083	)	$	5.19
Vested		(726,082	)	$	6.43
Unvested RSUs at September 30, 2020		949,531		$	5.86

	Shares		Weighted-Average Grant Date Fair Value
Unvested PSUs at December 31, 2019		835,625	$	10.51
Granted		1,043,800	$	5.36
Unvested PSUs at September 30, 2020		1,879,425	$	7.65

Schedule of Total Shareholder Return Goals [Table Text Block

Earthstone’s Annualized TSR	TSR Multiplier
23.9% or greater	2.0
14.5%	1.0
8.4%	0.5
Less than 8.4%	0.0