Long-Term Compensation Plan and Stock Based Compensation

3 Months Ended

Mar. 31, 2015

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

Long-Term Compensation Plan and Stock Based Compensation

Note 8 – 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 162 shares of restricted stock in the first quarter of 2015 consisting of 147 unissued shares subject to future performance criteria and 15 issued shares. The market value of the 15 issued restricted shares of $400 at the date of grant is being amortized over the vesting period of one year. The market value of the 147 unissued shares subject to performance criteria of $3,994 at the date of grant is being amortized over the respective vesting periods of one to four years.

The following table details long-term compensation plan and stock-based compensation expense for the three months ended March 31, 2015 and 2014:


	Three months ended March 31,
	2015		2014

Restricted stock	$	795	$	598
Long-term cash incentives		364		44

Total Expense	$	1,159	$	642

- 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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