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SHAREHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Summary of Stock Options and RSUs Granted

F - 17


CERAGON NETWORKS LTD. AND SUBSIDIARIES

NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS


U.S. dollars in thousands (except share and per share data)

NOTE 10:SHAREHOLDERS' EQUITY (Cont.)

The following table summarizes the activities for the Company’s stock options for the six months ended June 30, 2020:

Six months ended

June 30, 2020

 

Number

of options

 

 

Weighted

average

exercise

price

 

 

Weighted average

remaining contractual

term

(in years)

 

 

Aggregate

intrinsic

value

 

 

Outstanding at beginning of year

7,075,600

$

3.64

3.30

$

1,366

Granted

316,830

2.13

Exercised

(464,667

)

1.19

Forfeited or expired

(736,890

)

4.87

 

Outstanding at end of the period

6,190,873

3.67

3.08

$

1,019

 

Options exercisable at end of the period

4,219,760

$

4.14

2.26

$

985

 

Vested and expected to vest

5,807,340

$

3.75

2.95

$

1,010

The weighted average fair value of options granted during the six months ended June 30, 2020 and 2019 was $0.96 and $1.57, respectively.

The following table summarizes the activities for the Company’s RSUs for the six months ended June 30, 2020:

Number of RSUs

 

 

Aggregate intrinsic

value

 

Unvested at beginning of year

373,623

$

785

Granted

4,300

Vested

(12,094

)

Forfeited

(13,410

)

 

 

Unvested at end of period

352,419

758

Schedule of Equity-Based Compensation Expense

The following table sets forth the total share-based compensation expenses included in the interim consolidated statements of operations for the six months ended June 30, 2020 and 2019:

Six months ended

June 30,

2019

2020

 

Cost of revenues

31

60

Research and development

201

99

Selling and marketing

382

268

General and administrative

558

440

 

Total share-based compensation expense

$

1,172

$

867