(1) | Title of each class of securities to which transaction applies: ______________________ |
(2) | Aggregate number of securities to which transaction applies: _____________________ |
(3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): _______________ |
(4) | Proposed maximum aggregate value of transaction: |
(5) | Total fee paid: |
(1) | Amount Previously Paid: ________________________ |
(2) | Form, Schedule or Registration Statement No.: ________________________ |
(3) | Filing Party: ________________________ |
(4) | Date Filed: ________________________ |
● | There were options to purchase 647,500 shares of commons stock of the Company outstanding under the Plan. The weighted average remaining life of these options was 6.11 years, and the weighted average exercise price was $12.03. |
● | There were 436,059 shares of common stock of the Company outstanding subject to restricted stock awards under the Plan that remain subject to forfeiture. |
● | There were no Stock Appreciation Rights outstanding under the Plan. |
● | There were 751,098 shares of common stock of the Company available for future awards under the Plan, subject to its provisions. |
Plan category
|
Number of
securities to be
issued upon
exercise of
outstanding
options and rights
|
Weighted-average
exercise price of outstanding options and rights
|
Number of securities
remaining available for future issuance under equity compensation
plans (excluding
outstanding options and rights)
|
|||||||||
Equity compensation plans approved by security holders
|
647,500
|
$
|
12.03
|
1,612,697
|
(1)
|
|||||||
Equity compensation plans not approved by security holders
|
None
|
None
|
None
|
|||||||||
Total
|
647,500
|
$
|
12.03
|
1,612,697
|
(1) | Consists of: |
· | 751,098 shares reserved and available for issuance under our Stock Option and Stock Award Plan; and |
· | 861,599 shares reserved and available for issuance under our Employee Stock Purchase Plan. The shares available for issuance under our Employee Stock Purchase Plan automatically increases on an annual basis through 2020, by the lesser of (i) 200,000 shares; (ii) 2% of the common-equivalent shares outstanding at the end of our prior fiscal year; or (iii) a smaller amount determined by our Board of Directors or the committee administering the plan. |