Quarterly report pursuant to Section 13 or 15(d)

Common Stock and Related Matters

v3.19.1
Common Stock and Related Matters
3 Months Ended
Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Common Stock and Related Matters

13.

COMMON STOCK AND RELATED MATTERS

Transactions in connection with the Company's 2017 Equity Incentive Plan during the three months ended March 31, 2019 were as follows:

 

Restricted Stock Activity:

 

 

 

 

Outstanding as of December 31, 2018

 

 

192,346

 

Vested

 

 

62,266

 

Forfeited

 

 

1,000

 

Outstanding as of March 31, 2019

 

 

129,080

 

 

 

 

 

 

Stock Option Activity:

 

 

 

 

Outstanding as of December 31, 2018

 

 

805,566

 

Exercised

 

 

8,750

 

Forfeited

 

 

5,000

 

Outstanding as of March 31, 2019

 

 

791,816

 

 

For the three months ended March 31, 2019, the Company acquired for treasury 21,551 shares of Common Stock for an aggregate purchase price of $281,833 from its employees to cover their tax withholding obligations upon the lapsing of restrictions on share awards. These shares were purchased in accordance with the terms of the Company's 2017 Equity Incentive Plan.