Long-Term Compensation Plan and Stock Based Compensation

6 Months Ended

Jun. 30, 2016

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 264 shares of restricted stock in the first six months of 2016 consisting of 234 unissued shares subject to future performance criteria and 30 issued shares. The market value of the 30 issued restricted shares of $500 at the date of grant is being amortized over the respective vesting periods of one to four years. The 234 unissued shares subject to performance criteria have a market value of $3,891 at the date of grant and vesting periods of one to three years.

The following table details long-term compensation plan and stock-based compensation expense for the three and six months ended June 30, 2016 and 2015:


	Three months				Six months
	ended June 30,				ended June 30,
	2016		2015		2016		2015
Restricted stock	$	1,396	$	882	$	2,943	$	1,677
Long-term compensation plan		449		509		935		873

Total Non-Cash Compensation	$	1,845	$	1,391	$	3,878	$	2,550