Annual report pursuant to Section 13 and 15(d)

Equity (Tables)

v3.10.0.1
Equity (Tables)
 12 Months Ended
Dec. 31, 2018
Stockholders Equity Note [Abstract]  
Schedule of Issued Shares of Class A common stock Under 2009 Long-Term Incentive Plan During 2018 and 2017, we issued shares of our Class A common stock as shown in the table below under our 2009 Long-Term Incentive Plan (the “Plan”). We recorded the shares issued to our directors at their estimated fair value based on the market’s closing price of our stock on the date the shares were issued, which by policy is the last trading day of each quarter in which the services were rendered.

 

 

 

For the Years Ended December 31,

 

 

 

2018

 

 

2017

 

Shares issued to independent directors for services

   rendered, in lieu of cash compensation

 

 

1,045

 

 

 

2,430

 

Shares issued to employees upon exercise of stock

   options

 

 

45,800

 

 

 

15,000

 
Class A Common Shares Reserved for Future Issuance

As of December 31, 2018, we had the following Class A common shares reserved for future issuance:

 

Conversion of Class B common shares

 

 

5,400,000

 

Awards under the Plan:

 

 

 

 

Stock options outstanding

 

 

496,557

 

Restricted stock units outstanding

 

 

1,087,668

 

Total shares reserved for future issuance

 

 

6,984,225