Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Time Based Restricted Stock Grant Activity

A summary of the Company’s performance-based restricted stock grant activity is as follows:

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

 

Grant-Date

 

Time-Based Restricted Stock Grants

 

Shares

 

 

Fair Value

 

Unvested at December 31, 2021

 

 

61,201

 

 

$

4.45

 

Granted

 

 

11,000

 

 

$

5.52

 

Vested

 

 

(12,509

)

 

$

4.49

 

Forfeited

 

 

(609

)

 

$

4.85

 

Unvested at June 30, 2022

 

 

59,083

 

 

$

4.64

 

Summary of Performance Based Grant Activity

A summary of the Company’s time-based restricted stock grant activity is as follows:

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

 

Grant-Date

 

Performance-Based Restricted Stock Grants

 

Shares

 

 

Fair Value

 

Unvested at December 31, 2021

 

 

22,535

 

 

$

4.34

 

Granted

 

 

15,025

 

 

$

5.52

 

Vested

 

 

(8,541

)

 

$

4.34

 

Unvested at June 30, 2022

 

 

29,019

 

 

$

4.95