Annual report pursuant to Section 13 and 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.19.3.a.u2
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Summary of Restricted Stock Transactions
The following table provides a summary of our Restricted Stock transactions for the year ended December 31, 2019 (shares and units in thousands):
 
Shares
 
Weighted-Average Grant
Date Fair Value
Unvested at January 1, 2019
24,384

 
$
7.59

Granted (1)
635

 
8.53

Vested
(130
)
 
9.24

Forfeited
(264
)
 
12.04

Unvested at December 31, 2019
24,625

 
7.56


(1) The weighted-average per share grant date fair value of Restricted Stock granted during the years ended December 31, 2018 and 2017 was $11.02 and $9.59, respectively.
Summary of Stock Option Transactions
The following table provides a summary of our stock option transactions for the year ended December 31, 2019 (stock options in thousands):
 
Stock Options
 
Weighted Average
Exercise Price
Outstanding at January 1, 2019
1,988

 
$
10.32

Granted

 

Exercised
(7
)
 
10.32

Forfeited or Expired
(80
)
 
10.32

Outstanding at December 31, 2019
1,901

 
$
10.32

Exercisable at December 31, 2019
1,268

 
$
10.32


Schedule of Stock Option Valuation Assumptions
Valuation assumptions used to value stock options for the year ended December 31, 2017 (there were no stock options granted in 2019 or 2018), were as follows:
Expected term (in years)
6.0

Expected volatility
22.13
%
Expected dividend yields
%
Risk-free rate
2.05
%