EQUITY-BASED INCENTIVE AWARDS (Tables)

12 Months Ended

Sep. 30, 2021

EQUITY-BASED INCENTIVE AWARDS

Summary of stock options activity

		Weighted
	Number	Average
	of	Exercise
	Shares	Price
Outstanding at September 2020	34,350	$	80.33
Granted	—		—
Exercised	(11,600)		67.84
Forfeited/Expired	(500)		84.00
Outstanding at September 2021	22,250	$	86.76

Schedule of restricted stock unit awards

	Restricted  Stock Units(1)		Restricted  Stock Units(2)		Restricted  Stock Units(3)
Date of award:		October 2018		October 2019		October 2020
Original number of awards issued:		15,050		14,550		20,500
Service period:		36 months		36 months		36 months
Estimated fair value of award at grant date:	$	1,264,000	$	1,007,000	$	1,415,000
Non-vested awards outstanding at September 30, 2021:		5,019		9,701		20,500
Fair value of non-vested awards at September 30, 2021 of approximately:	$	748,000	$	1,445,000	$	3,054,000

(1) 10,031 of the restricted stock units were vested as of September 2021. The remaining 5,019 restricted stock units will vest in October 2021.

(2) 4,849 of the restricted stock units were vested as of September 2021. 4,850 restricted stock units will vest in October 2021 and 4,851 will vest in October 2022.  

(3) The 20,500 restricted stock units will vest in equal amounts in October 2021, October 2022, and October 2023.  

Summary of restricted stock unit activity

	Number	Weighted
	of	Average
	Shares	Fair Value
Nonvested restricted stocks units at September 2020	28,971	$	64.59
Granted	20,500		69.01
Vested	(14,251)		68.65
Expired	—		—
Nonvested restricted stocks units at September 2021	35,220	$	148.98