Share-based Compensation

9 Months Ended

Sep. 30, 2012

NOTE 12. Share-based Compensation

During 2012, Susquehanna’s Compensation Committee granted to certain employees nonqualified stock options to purchase an aggregate of 313 shares of common stock with an average exercise price of $9.89. The following table presents the assumptions used in the Black-Scholes-Merton model to estimate the fair value of options granted in 2012 and 2011, and the resultant fair values.


	2012			2011
Volatility		37.60	%		37.09	%
Expected dividend yield		4.00	%		4.00	%
Expected term (in years)		7.0			7.0
Risk-free interest rate		1.09	%		2.97	%
Fair value	$	2.39		$	2.61

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

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+ Details