Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.2.0.727
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Share-based Compensation, Activity
The following table summarizes the stock-based compensation expense from stock option awards, restricted common stock awards, employee stock purchase programs and warrants granted by Fortress for the three and six months ended June 30, 2015 and 2014:
  
 
 
For the three months ended June 30,
 
For the six months ended June 30,
 
($ in thousands)
 
2015
 
2014
 
2015
 
2014
 
Employee awards
 
$
1,525
 
$
1,452
 
$
2,988
 
$
2,574
 
Non-employee awards
 
 
7
 
 
11
 
 
14
 
 
24
 
Fortress Companies (1)
 
 
35
 
 
-
 
 
393
 
 
-
 
Total stock-based compensation expense
 
$
1,574
 
$
1,463
 
$
3,395
 
$
2,598
 
 
(1)
Includes for Avenue $22,900 for compensation expense on stock grants, Coronado SO $178,500 for stock a grant in connection with a license acquired, Checkpoint $32,500 for a stock grant in connection with a license acquired and $12,242 for compensation expense and Mustang $147,000 for a stock grant in connection with the license acquired.
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes Fortress stock option activities excluding activity related to Fortress Companies:
 
 
 
 
 
 
 
 
 
Weighted average
 
 
 
 
 
 
 
Total weighted
 
remaining
 
 
 
 
 
Weighted average
 
average intrinsic
 
contractual life
 
($ in thousands)
 
Number of shares
 
exercise price
 
value
 
(years)
 
Options vested and expected to vest at December 31, 2014
 
2,164,365
 
$
4.69
 
$
-
 
7.38
 
Options granted
 
-
 
 
-
 
 
-
 
 
 
Options exercised
 
(100,000)
 
 
2.15
 
 
1.21
 
 
 
Options cancelled
 
-
 
 
-
 
 
-
 
 
 
Options vested and expected to vest at June 30, 2015
 
2,064,365
 
$
4.82
 
$
-
 
7.20
 
Options vested and exercisable
 
1,747,698
 
$
4.75
 
$
-
 
6.79
 
Nonvested Restricted Stock Shares Activity
The following table summarizes Fortress’ restricted stock award and restricted stock unit activity, excluding activity related to Fortress Companies:
 
 
 
 
 
Weighted average
 
 
 
 
 
grant date fair
 
 
 
Number of shares
 
value
 
Unvested balance at December 31, 2014
 
8,287,384
 
$
2.33
 
Restricted stock granted
 
200,000
 
 
3.04
 
Restricted stock vested
 
(783,115)
 
 
2.43
 
Restricted stock units granted
 
61,000
 
 
2.34
 
Restricted stock units vested
 
(25,000)
 
 
2.19
 
Unvested balance at June 30, 2015
 
7,740,269
 
$
2.34