Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.20.2
Stock-Based Compensation (Tables)
 9 Months Ended
Jun. 30, 2020
Share Based Compensation [Abstract]  
Summary of Stock Option Activity

The following table summarizes stock option activity for the twelve months ended September 30, 2019 and the nine months ended June 30, 2020:

 

 

 

Number of

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual Life

 

 

Intrinsic

Value

 

Outstanding at September 30, 2018

 

 

231,668

 

 

$

14.84

 

 

 

3.04

 

 

$

163

 

Forfeited/Expired

 

 

(31,250

)

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at September 30, 2019

 

 

200,418

 

 

$

16.37

 

 

 

2.40

 

 

$

27

 

Exercisable at September 30, 2019

 

 

164,084

 

 

$

13.92

 

 

 

1.44

 

 

$

27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at September 30, 2019

 

 

200,418

 

 

$

16.37

 

 

 

2.40

 

 

$

27

 

Forfeited/Expired

 

 

(81,250

)

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2020

 

 

119,168

 

 

$

19.07

 

 

 

2.96

 

 

$

—

 

Exercisable at June 30, 2020

 

 

95,001

 

 

$

15.50

 

 

 

1.75

 

 

$

—

 
Summary of Exercise Price for Stock Options Outstanding and Exercisable

The exercise price for stock options outstanding and exercisable outstanding as of June 30, 2020 is as follows:

 

Outstanding

 

 

Exercisable

 

Number of Options

 

 

Exercise Price ($)

 

 

Number of Options

 

 

Exercise Price ($)

 

 

25,000

 

 

 

10.00

 

 

 

25,000

 

 

 

10.00

 

 

16,668

 

 

 

10.86

 

 

 

12,501

 

 

 

10.86

 

 

6,250

 

 

 

12.50

 

 

 

6,250

 

 

 

12.50

 

 

6,250

 

 

 

15.00

 

 

 

6,250

 

 

 

15.00

 

 

25,000

 

 

 

15.18

 

 

 

25,000

 

 

 

15.18

 

 

8,000

 

 

 

23.41

 

 

 

8,000

 

 

 

23.41

 

 

8,000

 

 

 

27.60

 

 

 

8,000

 

 

 

27.60

 

 

8,000

 

 

 

31.74

 

 

 

4,000

 

 

 

32

 

 

8,000

 

 

 

36.50

 

 

 

—

 

 

 

—

 

 

8,000

 

 

 

41.98

 

 

 

—

 

 

 

—

 

 

119,168

 

 

 

 

 

 

 

95,001

 

 

 

 

 
Summary of Non-Vested Shares

The following table summarizes information about the Company’s non-vested shares outstanding as of June 30, 2020 and September 30, 2019:

 

Non-vested Shares

 

Number of

Shares

 

 

Average

Grant-Date

Fair Value

 

Non-vested at September 30, 2019

 

 

36,334

 

 

$

26.76

 

Vested

 

 

(12,167

)

 

$

23.23

 

Non-vested at June 30, 2020

 

 

24,167

 

 

$

33.10