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STOCK-BASED COMPENSATION (Tables) - 2015 EIP Plan
9 Months Ended
Sep. 30, 2022
Stock Options  
Stock Awards  
Schedule of stock option activity

Weighted

Weighted

Number

Average

Average

of

Exercise

Fair

    

Options

    

Price

    

Value

    

Outstanding as of January 1, 2022

 

916,287

 

$

9.02

$

4.08

Granted

 

Exercised

 

(501,060)

9.94

5.16

Forfeited

 

Outstanding as of September 30, 2022

 

415,227

 

$

7.91

$

2.78

Exercisable as of September 30, 2022

 

221,336

 

$

7.63

$

2.63

The following table summarizes certain information about the options outstanding as of September 30, 2022:

Options Outstanding and Unvested,

Options Outstanding and Exercisable,

September 30, 2022

September 30, 2022

Weighted

Weighted

 

Weighted

Average

 

Weighted

Average

Weighted

Average

Exercise Price of

 

Average

Remaining

Average

Remaining

Outstanding

Number of

Exercise

Contractual

Number of

Exercise

Contractual

Options

    

Options

    

Price

    

Life

    

Options

    

Price

    

Life

 

$

7.91

 

193,891

$

8.22

3.81

221,336

$

7.63

3.39

Schedule of nonvested stock amortization expense

For the Three Months Ended

For the Nine Months Ended

September 30, 

September 30, 

2022

2021

2022

    

2021

 

General and administrative expenses

$

55

$

152

$

223

$

483

Restricted Stock Units  
Stock Awards  
Summary of nonvested restricted stock units

Weighted

Number of

Average Grant

    

RSUs

Date Price

Outstanding as of January 1, 2022

306,887

$

9.65

Granted

250,688

19.87

Vested

(187,267)

11.02

Forfeited

Outstanding as of September 30, 2022

370,308

$

15.88

The total fair value of the RSUs that vested during the nine months ended September 30, 2022 and 2021 was $3,837 and $1,814, respectively. The total fair value is calculated as the number of shares vested during the period multiplied by the fair value on the vesting date.

The following table summarizes certain information of the RSUs unvested and vested as of September 30, 2022:

Unvested RSUs

Vested RSUs

September 30, 2022

September 30, 2022

Weighted

Weighted

Average

Weighted

Average

Remaining

Average

Number of

Grant Date

Contractual

Number of

Grant Date

RSUs

    

Price

    

Life

    

RSUs

    

Price

 

370,308

$

15.88

2.46

844,605

$

10.47

Schedule of nonvested stock amortization expense

    

For the Three Months Ended

For the Nine Months Ended

September 30, 

September 30, 

2022

2021

    

2022

    

2021

 

General and administrative expenses

$

785

$

445

$

2,133

$

1,187