The following table summarizes information about warrants outstanding as of December 31, 2015 and 2014:


	Warrants		Fair Value of Warrants	Outstanding at December 31,
Grant Date	Issued	Exercise Price	Issued	2015	2014
Throughout 2010	51,627	$20.64 to $27.41	$351	-	1,886
Throughout 2011	9,324	$27.53 to $33.14	79	6,226	9,324
Throughout 2012	71,978	$30.52 to $33.03	628	49,975	71,978
Throughout 2014	50,403	$45.62 to $49.06	276	50,403	50,403
Throughout 2015	91,179	$42.45 to $54.48	1,333	91,179	-
				197,783	133,591

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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Tabular disclosure of the number and weighted-average grant date fair value for outstanding performance shares.

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