Capital Stock (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Unamortized Value of Restricted Stock

The unamortized value of $706 thousand at December 31, 2013, if all are ultimately vested will be amortized according to the following schedule.


Amortization Schedule (in thousands)
1st quarter 2014		100
2nd quarter 2014		100
3rd quarter 2014		100
4th quarter 2014		100
1st quarter 2015		96
2nd quarter 2015		54
3rd quarter 2015		54
4th quarter 2015		54
1st quarter 2016		48

Total Unamortized value	$	706

Summary of Company's Restricted Share Award Activity

A summary of WMIHC’s restricted share award activity for the years ended December 31, 2013 and 2012 is presented below. The 2012 Plan did not exist in 2011. Consequently, no awards of restricted shares were made in 2011.


	Number of Restricted Stock Awards Outstanding		Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value (in thousands)
Outstanding—January 1, 2012		—	$	—	$	—
Restricted stock awards granted during 2012		1,156,078		0.4761		550
Restricted stock awards released or forfeited during 2012		—		—		—

Outstanding—December 31, 2012		1,156,078		0.4761		550
Restricted stock awards granted during 2013		686,273		1.0200		700
Restricted stock awards released or forfeited during 2013		—		—		—

Outstanding—December 31, 2013		1,842,351	$	0.6787	$	1,250

Summary of Company's Restricted Shares Issued and Subject to Repurchase

A summary of WMIHC’s restricted shares issued and subject to repurchase as of the years ended December 31, 2013 and 2012 is presented below. There were no WMIHC restricted shares issued and subject to repurchase during 2011.


	Shares
Unvested shares—January 1, 2012		—
Shares issued subject to vesting during 2012		1,156,078
Unvested shares repurchased during 2012		—
Shares vested during 2012		—

Unvested shares—December 31, 2012		1,156,078
Shares issued subject to vesting during 2013		686,273
Unvested shares repurchased during 2013		—
Shares vested during 2013		(385,364	)

Unvested shares—December 31, 2013		1,456,987