
	FY 2019 Performance Awards			FY 2018 Performance Awards
Risk-free interest rate		2.45	%		2.44	%
Dividend yield		3.13	%		2.64	%
Expected volatility		41.69	%		45.11	%
Monte Carlo valuation		99.62	%		97.39	%
Closing stock price on the date of grant	$	15.34		$	18.15

The activity related to the exercisable stock options for the year ended December 31, 2019, is as follows:


	Shares	Weighted- ‎Average ‎Exercise Price		Weighted-Average ‎Remaining ‎Contractual Term ‎(in years)	Aggregate ‎Intrinsic Value ‎(in thousands)
Outstanding at December 31, 2018	128,750	$	12.72	1.0	$	89
Exercised	(118,750)		12.36	-		340
Outstanding at December 31, 2019	10,000	$	16.95	0.2	$	-
Exercisable at December 31, 2019 ⁽¹⁾	10,000	$	16.95	0.2	$	-

(1)The weighted average exercise price for options exercisable at December 31, 2019 was above the company’s stock price at December 31, 2019.


	Non-Vested ‎Shares and ‎Deferred ‎Stock Units	Weighted- ‎ Average ‎ Grant-Date ‎Fair Value		Weighted-Average ‎Remaining ‎Vesting Term ‎(in years)
Non-Vested at December 31, 2018	18,582	$	16.96
Granted	22,856		14.00
Vested	(18,582)		16.96
Nonvested at December 31, 2019	22,856	$	14.00	0.5