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Stock Options (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Outstanding Stock Options

The following tables summarize certain information related to outstanding stock options under the Lonestar Resources Limited 2012 Employee Share Option Plan and the Lonestar Resources US Inc. 2016 Incentive Plan, which replaced the Lonestar Resources Limited 2012 Employee Share Option Plan following the Reorganization:

 

 

 

Shares

 

 

Weighted

Average

Exercise Price

Per Share

 

 

Weighted Average

Remaining

Contractual Term

(in years)

 

Outstanding at December 31, 2015

 

 

849,936

 

 

$

15.50

 

 

 

1.0

 

Options vested and exercisable at December 31, 2015

 

 

807,686

 

 

 

15.50

 

 

 

1.0

 

Granted

 

 

35,000

 

 

 

15.00

 

 

 

2.0

 

Exercised

 

 

 

 

 

 

 

 

 

Canceled/Expired

 

 

(64,667

)

 

 

18.00

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

Outstanding at September 30, 2016

 

 

820,269

 

 

$

15.00

 

 

 

0.5

 

Options vested and exercisable at September 30, 2016

 

 

778,019

 

 

$

15.00

 

 

 

0.5

 

 

 

 

Shares

 

 

Weighted

Average Fair

Value per Share

 

 

Weighted

Average

Exercise

Price per

share

 

 

Weighted

Average

Remaining

Contractual

Term

(in years)

 

Outstanding non-vested options at December 31, 2015

 

 

42,250

 

 

$

9.00

 

 

$

15.50

 

 

 

1.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

35,000

 

 

 

1.90

 

 

 

15.00

 

 

 

2.25

 

Vested

 

 

(35,000

)

 

 

1.90

 

 

 

15.00

 

 

 

2.25

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding non-vested options at September 30, 2016

 

 

42,250

 

 

$

9.00

 

 

$

15.50

 

 

 

0.25