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Stock-Based Incentive Plan (Tables)
3 Months Ended
Sep. 30, 2012
Stock-Based Incentive Plan  
Summary of information regarding outstanding Stock Options and Incentive Warrants and the changes during the fiscal year

 

 

 

 

Number of Stock
Options
and Incentive
Warrants

 

Weighted Average
Exercise Price

 

Aggregate
Intrinsic Value
(1)

 

Weighted
Average
Remaining
Contractual
Term (in
years)

 

 

 

 

 

 

 

 

 

 

 

Stock Options and Incentive Warrants outstanding at July 1, 2012

 

5,372,820

 

$

1.83

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

Exercised

 

(30,000

)

$

4.10

 

 

 

 

 

Cancelled or forfeited

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock Options and Incentive Warrants outstanding at September 30, 2012

 

5,342,820

 

$

1.82

 

$

33,440,689

 

3.2

 

 

 

 

 

 

 

 

 

 

 

Vested or expected to vest at September 30, 2012

 

5,342,820

 

$

1.82

 

$

33,440,689

 

3.2

 

 

 

 

 

 

 

 

 

 

 

Exercisable at September 30, 2012

 

5,342,820

 

$

1.82

 

$

33,440,689

 

3.2

 

 

 

(1) Based upon the difference between the market price of our common stock on the last trading date of the period ($8.08 as of September 30, 2012) and the Stock Option or Incentive Warrant exercise price of in-the-money Stock Options and Incentive Warrants.

Summary of the status of unvested Stock Options and Incentive Warrants and the changes during the year

 

 

 

 

Number of
Stock
Options

and Incentive
Warrants

 

Weighted
Average Grant-
Date Fair Value

 

 

 

 

 

 

 

Unvested at July 1, 2012

 

18,922

 

$

2.45

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

Vested

 

(18,922

)

$

2.45

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

Unvested at September 30, 2012

 

 

$

 

Schedule of Restricted Stock transactions

 

 

 

 

Number of
Restricted
Shares

 

Weighted
Average
Grant-Date
Fair Value

 

 

 

 

 

 

 

Unvested at July 1, 2012

 

452,600

 

$

5.60

 

 

 

 

 

 

 

Granted

 

154,227

 

$

7.93

 

 

 

 

 

 

 

Vested

 

(55,321

)

$

4.41

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

Unvested at September 30, 2012

 

551,506

 

$

6.01