Annual report pursuant to Section 13 and 15(d)

RESTRICTED STOCK UNITS (Tables)

v3.22.1
RESTRICTED STOCK UNITS (Tables)
 12 Months Ended
Dec. 31, 2021
Restricted Stock Units  
SUMMARY OF RESTRICTED STOCK AWARD ACTIVITY

A summary of restricted stock unit activity for the years ended December 31, 2021 and 2020 are presented below:

 

          Weighted-  
          Average  
          Grant Date  
    Shares     Fair Value  
             
Non-vested at January 1, 2020     1,486,354     $ 1.36  
Granted     2,871,471       1.18  
Vested/ deemed vested     (1,773,440 )     1.31  
Shares returned for payroll taxes    

(336,533

 )     1.31  
Forfeited     (61,906 )     1.47  
Non-vested at December 31, 2020     2,185,946     $ 1.17  
Granted     813,265       1.69  
Vested/deemed vested     (1,177,378 )     1.15  
Forfeited     -       -  
Non-vested at December 31, 2021     1,821,833     $ 1.41