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Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Options Activity Stock options are either “incentive” stock options or “nonqualified” stock options. Incentive stock options have certain tax advantages and must comply with the requirements of Section 422 of the Internal Revenue Code. The 2019 Plan was frozen such that no new awards would be granted under the 2019 Plan following receipt of shareholder approval of the LINKBANCORP, Inc. 2022 Equity Incentive Plan described within this footnote. The table below provides details of the Company's stock options under the 2019 Plan at September 30, 2022.

 

 

 

Number
of Stock
Options

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Term in
Years

 

 

Aggregate
Intrinsic
Value
(in ‘000s)

 

Outstanding, December 31, 2021

 

 

421,500

 

 

$

10.46

 

 

 

7.9

 

 

$

780

 

Granted

 

 

—

 

 

 

 

 

 

 

 

 

 

Expired/terminated

 

 

(5,600

)

 

 

12.00

 

 

 

8.1

 

 

 

 

Exercised

 

 

(12,000

)

 

 

10.00

 

 

 

—

 

 

 

 

Outstanding, September 30, 2022

 

 

403,900

 

 

$

10.86

 

 

 

7.1

 

 

$

—

 

Exercisable at period end

 

 

195,900

 

 

$

10.08

 

 

 

6.8

 

 

$

—