Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.19.1
Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Activity
The following table summarizes the stock-based compensation expense from stock option, employee stock purchase programs and restricted Common Stock awards and warrants for the three months ended March 31, 2019 and 2018:
 
 
 
For the Three Months Ended March 31,
 
($ in thousands)
 
2019
 
 
2018
 
Employee awards
 
$
935
 
 
$
942
 
Executive awards of Fortress partner companies’ stock
 
 
352
 
 
 
518
 
Non-employee awards
 
 
(2
)
 
 
23
 
Fortress partner companies:
 
 
 
 
 
 
 
 
Avenue
 
 
751
 
 
 
349
 
Checkpoint
 
 
798
 
 
 
1,137
 
Mustang
 
 
432
 
 
 
1,995
 
Other
 
 
43
 
 
 
(169
) 
Total stock-based compensation
 
$
3,309
 
 
$
4,795
 
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding And Exercisable
The following table summarizes Fortress stock option activities excluding activity related to Fortress partner companies:
 
 
 
Number of shares
 
 
Weighted average

exercise price
 
 
Total weighted
average intrinsic
value
 
 
Weighted average

remaining
contractual life
(years)
 
Options vested and expected to vest at December 31, 2018
 
 
1,085,501
 
 
$
3.75
 
 
$
–
 
 
 
2.93
 
Exercised
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
Options vested and expected to vest at March 31, 2019
 
 
1,085,501
 
 
$
3.75
 
 
$
155,322
 
 
 
2.68
 
Options vested and exercisable
 
 
1,085,501
 
 
$
3.75
 
 
$
155,322
 
 
 
2.68
 
Nonvested Restricted Stock Shares Activity
The following table summarizes Fortress restricted stock awards and restricted stock units activities, excluding activities related to Fortress Companies:
 
 
 
Number of shares
 
 
Weighted average
grant price
 
Unvested balance at December 31, 2018
 
 
12,645,982
 
 
$
2.72
 
Restricted stock granted
 
 
1,516,408
 
 
 
0.86
 
Restricted stock vested
 
 
(220,000
)
 
 
2.82
 
Restricted stock units forfeited
 
 
(43,333
)
 
 
4.56
 
Restricted stock units vested
 
 
(33,750
)
 
 
3.59
 
Unvested balance at March 31, 2019
 
 
13,865,307
 
 
$
2.51
 
Schedule of Warrant Activities
The following table summarizes Fortress warrant activities, excluding activities related to Fortress Companies:
 
 
 
Number of

shares
 
 
Weighted average
exercise price
 
 
Total weighted
average intrinsic
value
 
 
Weighted average
remaining
contractual life
(years)
 
Outstanding as of December 31, 2018
 
 
2,754,189
 
 
$
3.28
 
 
$
–
 
 
 
3.49
 
Granted
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
Forfeited
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
Outstanding as of March 31, 2019
 
 
2,754,189
 
 
$
3.28
 
 
$
24,600
 
 
 
3.25
 
Exercisable as of March 31, 2019
 
 
849,189
 
 
$
3.92
 
 
$
24,600
 
 
 
2.89