Long-Term Compensation Plan and Stock Based Compensation

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Long-Term Compensation Plan and Stock Based Compensation

Note 9 – Long-Term Compensation Plan and Stock Based Compensation

Under the VASCO Data Security International, Inc. 2009 Equity Incentive Plan (“2009 Equity Incentive Plan”), we awarded 252 shares of restricted stock in the first quarter of 2014 consisting of 203 unissued shares subject to future performance criteria and 49 issued shares. The market value of the 49 issued restricted shares of $380 at the date of grant is being amortized over the vesting period of one year. The market value of the 203 unissued shares subject to performance criteria of $1,571 at the date of grant is being amortized over the respective vesting periods of three to four years.

The following table details long-term compensation plan and stock-based compensation expense for the three and nine months ended September 30, 2014 and 2013:


	Three months ended September 30,				Nine months ended September 30,
	2014		2013		2014		2013
Restricted stock	$	630	$	559	$	1,840	$	1,886
Long-term compensation plan		351		45		570		76

Total	$	981	$	604	$	2,410	$	1,962

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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