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Stockholders' Equity
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Stockholders' Equity Stockholders’ Equity
Incentive Plans
The following table summarizes our compensation costs recognized in General and administrative expense (excluding depreciation) and Operating expense (excluding depreciation) under the Amended and Restated Par Pacific Holdings, Inc. 2012 Long-term Incentive Plan and Stock Purchase Plan (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Restricted Stock Awards
$
789

 
$
955

 
$
2,589

 
$
2,734

Restricted Stock Units
279

 
235

 
841

 
605

Stock Option Awards
380

 
506

 
1,103

 
1,460


During the three and nine months ended September 30, 2019, we granted 11 thousand shares and 285 thousand shares of restricted stock and restricted stock units with a fair value of approximately $0.1 million and $4.5 million, respectively. As of September 30, 2019, there were approximately $7.1 million of total unrecognized compensation costs related to restricted stock awards and restricted stock units, which are expected to be recognized on a straight-line basis over a weighted-average period of 1.8 years.
During the nine months ended September 30, 2019, we granted 300 thousand stock option awards with a weighted-average exercise price of $17.00 per share and no grants were made for the three months ended September 30, 2019. As of September 30, 2019, there were approximately $3.1 million of total unrecognized compensation costs related to stock option awards, which are expected to be recognized on a straight-line basis over a weighted-average period of 1.8 years.
During the nine months ended September 30, 2019, we granted 48 thousand performance restricted stock units to executive officers and no performance restricted stock units were granted for the three months ended September 30, 2019. These performance restricted stock units had a fair value of approximately $0.8 million and are subject to certain annual performance targets as defined by our Board of Directors. As of September 30, 2019, there were approximately $1.1 million of total unrecognized compensation costs related to the performance restricted stock units, which are expected to be recognized on a straight-line basis over a weighted-average period of 1.9 years.