Stock-based Compensation

3 Months Ended

Mar. 31, 2022

Stock-based Compensation [Abstract]

Stock-based Compensation

5 - STOCK-BASED COMPENSATION 

The following table presents a summary of restricted stock units (“RSUs”) outstanding at March 31, 2022 and changes during the three month period then ended. Of the 249,726 RSUs outstanding at quarter end, 91,891 are scheduled to vest during 2022.

				Weighted-
		Weighted-		Average		Aggregate
		Average		Remaining		Intrinsic
	Number of	Grant-Date		Contractual		Value
	RSUs	Fair Value		Term (yrs.)		(in thousands)
Outstanding at January 1, 2022	207,359	$	17.70
Granted	117,114		19.96
Converted	(74,747)		18.47
Outstanding at March 31, 2022	249,726	$	18.53		1.47	$	4,860

As of March 31, 2022, there was $3.4 million of total unrecognized compensation cost related to non-vested RSUs. The total cost is expected to be recognized over a weighted-average period of 2.0 years.