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Stock-based Compensation
9 Months Ended
Sep. 30, 2022
Stock-based Compensation [Abstract]  
Stock-based Compensation 5 - STOCK-BASED COMPENSATION 

 

The following table presents a summary of restricted stock units (“RSUs”) outstanding at September 30, 2022 and changes during the nine-month period then ended.

Weighted-

Weighted-

Average

Aggregate

Average

Remaining

Intrinsic

Number of

Grant-Date

Contractual

Value

RSUs

Fair Value

Term (yrs.)

(in thousands)

Outstanding at January 1, 2022

207,359

$

17.70

Granted

139,279

19.68

Converted

(94,991)

18.87

Forfeited

(1,272)

17.49

Outstanding at September 30, 2022

250,375

$

18.36

1.05

$

4,316

As of September 30, 2022, there was $2.5 million of total unrecognized compensation cost related to non-vested RSUs. The total cost is expected to be recognized over a weighted-average period of 1.7 years.