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Stock incentive plan (Tables)
9 Months Ended
Sep. 30, 2023
Stock incentive plan  
Schedule of options outstanding under company's stock incentive plan

The following table summarizes option activity under the Company's stock incentive plans during the indicated periods:

Nine Months Ended September 30, 

2023

2022

    

    

Weighted

    

    

    

    

Weighted

    

    

Average

Average

Exercise

Fair Value

Intrinsic

Exercise

Fair Value

Intrinsic

Options

Price

Per Share

Value

Options

Price

Per Share

Value

Options outstanding, beginning of period

 

14

$

25.28

$

9.76

 

734

$

25.63

$

9.76

 

Granted

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

Exercised

 

 

$

 

(345)

 

25.50

 

9.76

 

Options outstanding, end of period

 

14

$

25.28

$

9.76

$

389

$

25.74

$

9.76

$

Options exercisable, end of period

 

14

 

  

 

  

389

 

  

 

  

Schedule of company's non vested restricted stock awards

A summary of changes in the Company’s non-vested restricted stock and restricted stock unit awards for the nine months ended September 30, 2023 follows:

    

    

Weighted-

    

Average

Aggregate

Grant-Date

Intrinsic

Shares

Fair-Value

Value

December 31, 2022

 

28,296

$

46.60

$

1,290,298

Granted

 

370

 

52.00

 

16,872

Vested

 

(8,221)

 

30.60

 

(374,878)

Forfeited

Other (1)

 

1,485

 

29.00

 

67,716

September 30, 2023

 

21,930

$

51.50

$

1,000,008

(1)Represents the incremental increase in shares that vested based on the restricted stock units vesting at the maximum potential value as opposed to the targeted value of the award.