Stock
option activity for the six months ended June 30, 2022, is set forth in the table below and reflects the 1-for-10 Reverse Stock Split
that became effective on September 15, 2021:
Summary of Stock Option Activity
Weighted average
Weighted average
remaining
exercise
price
contractual
life
Aggregate
Intrinsic
Options
per share
(in years)
Value*
Outstanding at January 1, 2022
95,413
$
40.00
6.73
$
0
Options granted
—
$
—
Options exercised
—
$
—
Options forfeited
(6,519
)
$
26.84
Options expired
(5,538
)
$
58.78
Outstanding at June 30, 2022
83,356
$
39.78
5.28
$
0
Exercisable at June 30, 2022
60,860
$
42.19
4.48
$
0
*
The intrinsic value is
calculated as the difference between the exercise price and the fair value of the common stock on the balance sheet
date.
Restricted
stock units’ (“RSU”) activity for the six months ended June 30, 2022, is set forth in the table below and reflects
the 1-for-10 Reverse Stock Split that became effective on September 15, 2021:
Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.
Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.
Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.