EQUITY COMPENSATION PLANS (Tables)

6 Months Ended

Jun. 30, 2015

Equity Compensation Plans Tables

EQUITY COMPENSATION PLANS

The following table shows the remaining shares available for future grants for each plan and outstanding shares:

	Equity Compensation Plans						Not Pursuant
	2003 Plan			2008 Plan			to a Plan
Shares Available For Issuance
Total reserved for stock options and restricted stock		160,000			10,000,000
Net restricted stock issued net of cancellations		(5,000	)		(27,805	)
Stock options granted		(154,449	)		(3,070,883	)
Add back options cancelled before exercise		92,349			1,417,150
Less shares no longer available due to Plan expiration		(92,900	)		—
Remaining shares available for future grants at June 30, 2015		—			8,318,462
Stock options granted		154,449			3,070,883			310,000
Less:Stock options cancelled		(92,349	)		(1,417,150	)		(243,333	)
Stock options exercised		(35,600	)		(13,000	)		(66,667	)
Net shares outstanding before restricted stock		26,500			1,640,733			—
Net restricted stock issued net of cancellations		5,000			27,805			6,485
Outstanding shares at June 30, 2015		31,500			1,668,538			6,485