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Restricted Stock and Stock Options | 3 Months Ended
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Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Restricted Stock and Stock Options | Note 2. Restricted Stock and Stock Options As of March 31, 2021, the Company has two equity incentive plans: the AMERISAFE Non-Employee Director Restricted Stock Plan (the “Restricted Stock Plan”) and the AMERISAFE 2012 Equity and Incentive Compensation Plan (the “2012 Incentive Plan”). See Note 12 to our consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2020 for additional information regarding the Company’s incentive plans. During the three months ended March 31, 2021, the Company did not issue any shares of common stock pursuant to vested performance awards or shares of restricted common stock to non-employee directors. During the three months ended March 31, 2020, the Company issued 201 shares of restricted common stock to non-employee directors. The market value of these shares was $13.7 thousand. During the three months ended March 31, 2021 and 2020, there were no exercises of options to purchase common stock. The Company had no stock options outstanding as of March 31, 2021. The Company recognized share-based compensation expense of $0.6 million in the quarter ended March 31, 2021 and $0.8 million for the same period in 2020.

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