Summary of Grants, Exchanges and Forfeitures of Restricted Stock and RSUs |
The following table summarizes the grants, exchanges and forfeitures of restricted common stock and RSUs during 2015, 2014 and 2013: | | | | | | | | | | | | | | | | | | Type | Date | | Restricted Stock | | RSUs | | Estimate Fair Value on Grant Date | | Initial Vesting | | Final Vesting | Outstanding at January 1, 2013 | | 172,112 |
| | 308,750 |
| | | | | | | | | | | | | | | | | | | | | Grant | February 2013 | | 20,000 |
| | — |
| | 352 |
| | December 2013 | | December 2015 | | Grant | February 2013 | | — |
| | 180,000 |
| | 3,166 |
| | December 2013 | | December 2015 | | Grant | April 2013 | | 11,304 |
| | — |
| | 200 |
| | July 2013 | | April 2016 | | Grant | May 2013 | | — |
| | 15,000 |
| | 264 |
| | December 2013 | | December 2015 | | Forfeiture | June 2013 | | — |
| | (5,000 | ) | | n/a |
| | n/a | | n/a | | Canceled upon delivery | July 2013 | | — |
| | (5,000 | ) | | n/a |
| | n/a | | n/a | | Grant | September 2013 | | — |
| | 10,000 |
| | 154 |
| | September 2013 | | September 2013 | | Grant | November 2013 | | 5,000 |
| | — |
| | 81 |
| | December 2013 | | October 2016 | | Canceled upon delivery | January 2014 | | — |
| | (288,750 | ) | | n/a |
| | n/a | | n/a | | Grant | April 2014 | | 8,931 |
| | — |
| | 150 |
| | July 2014 | | April 2017 | | Grant | April 2014 | | 5,000 |
| | — |
| | 85 |
| | July 2014 | | April 2017 | | Canceled upon delivery | April 2014 | | — |
| | (5,000 | ) | | n/a |
| | n/a | | n/a | | Grant | June 2014 | | — |
| | 10,254 |
| | 169 |
| | December 2014 | | December 2016 | | Grant | December 2014 | | 51,767 |
| | — |
| | 855 |
| | December 2015 | | December 2017 | | Grant | December 2014 | | — |
| | 390,000 |
| | 6,474 |
| | December 2015 | | December 2017 | | Grant | January 2015 | | — |
| | 8,000 |
| | 132 |
| | December 2015 | | December 2017 | | Forfeiture | January 2015 | | — |
| | (5,000 | ) | | n/a |
| | n/a | | n/a | | Canceled upon delivery | March 2015 | | — |
| | (20,000 | ) | | n/a |
| | n/a | | n/a | | Grant | April 2015 | | 15,950 |
| | — |
| | 275 |
| | July 2015 | | April 2018 | | Forfeiture | June 2015 | | — |
| | (3,500 | ) | | n/a |
| | n/a | | n/a | | Grant | July 2015 | | — |
| | 1,631 |
| | 27 |
| | June 2016 | | June 2018 | | Forfeiture | August 2015 | | — |
| | (5,000 | ) | | n/a |
| | n/a | | n/a | | Grant | December 2015 | | 50,000 |
| | — |
| | 874 |
| | December 2016 | | December 2018 | | Grant | December 2015 | | — |
| | 656,425 |
| | 11,461 |
| | December 2016 | | December 2018 | | | | | | | | | | | | | | Outstanding at December 31, 2015 | | 340,064 |
| | 1,242,810 |
| | | | | | |
Below is a summary of restricted stock and RSU vesting dates as of December 31, 2015. | | | | | | | | | | Vesting Date | Shares Vesting | | RSU Vesting | | Total Awards | January 2016 | 4,629 |
| | — |
| | 4,629 |
| April 2016 | 4,627 |
| | — |
| | 4,627 |
| June 2016 | — |
| | 543 |
| | 543 |
| July 2016 | 4,158 |
| | — |
| | 4,158 |
| October 2016 | 4,158 |
| | — |
| | 4,158 |
| December 2016 | 28,920 |
| | 350,379 |
| | 379,299 |
| January 2017 | 3,737 |
| | — |
| | 3,737 |
| April 2017 | 3,745 |
| | — |
| | 3,745 |
| June 2017 | — |
| | 544 |
| | 544 |
| July 2017 | 2,580 |
| | — |
| | 2,580 |
| October 2017 | 2,577 |
| | — |
| | 2,577 |
| December 2017 | 28,923 |
| | 346,982 |
| | 375,905 |
| January 2018 | 1,330 |
| | — |
| | 1,330 |
| April 2018 | 1,331 |
| | — |
| | 1,331 |
| June 2018 | — |
| | 544 |
| | 544 |
| December 2018 | 16,670 |
| | 218,822 |
| | 235,492 |
| | 107,385 |
| | 917,814 |
| | 1,025,199 |
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