| Summary of Share-Based Option Transactions |
Note 11 — Incentive Share-Based Plan and Other Employee Benefits – Continued
Share-based option transactions are summarized as follows:
|
|
|
|
|
|
|
|
|
|
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Weighted- |
|
|
|
|
|
|
|
|
Options |
|
|
Weighted |
|
|
Average |
|
|
|
|
|
|
|
|
Granted |
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
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|
|
for Common |
|
|
Exercise |
|
|
Contractual |
|
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Intrinsic |
|
|
(Dollars in thousands, except share and per share data) |
|
Shares |
|
|
Price |
|
|
Term |
|
|
Value |
|
|
Outstanding at January 1, 2014 |
|
|
1,031,058 |
|
|
$ |
5.52 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
64,514 |
|
|
|
10.71 |
|
|
|
|
|
|
|
|
|
|
Exercised |
|
|
(146,089 |
) |
|
|
5.18 |
|
|
|
|
|
|
|
|
|
|
Forfeited |
|
|
(8,800 |
) |
|
|
5.91 |
|
|
|
|
|
|
|
|
|
|
Outstanding at December 31, 2014 |
|
|
940,683 |
|
|
|
5.92 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
190,448 |
|
|
|
12.90 |
|
|
|
|
|
|
|
|
|
|
Exercised |
|
|
(152,508 |
) |
|
|
5.31 |
|
|
|
|
|
|
|
|
|
|
Forfeited |
|
|
(16,368 |
) |
|
|
4.85 |
|
|
|
|
|
|
|
|
|
|
Outstanding at December 31, 2015 |
|
|
962,255 |
|
|
|
7.42 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
86,831 |
|
|
|
15.66 |
|
|
|
|
|
|
|
|
|
|
Exercised |
|
|
(285,568 |
) |
|
|
5.62 |
|
|
|
|
|
|
|
|
|
|
Forfeited |
|
|
(802 |
) |
|
|
16.96 |
|
|
|
|
|
|
|
|
|
|
Outstanding at December 31, 2016 |
|
|
762,716 |
|
|
|
7.42 |
|
|
|
4.50 |
|
|
$ |
14,348 |
|
|
Exercisable at December 31, 2016 |
|
|
481,959 |
|
|
|
7.29 |
|
|
|
3.83 |
|
|
|
9,426 |
|
|
Exercisable at December 31, 2015 |
|
|
617,014 |
|
|
|
5.72 |
|
|
|
4.13 |
|
|
|
7,091 |
|
|
| Summary of Restricted Stock Unit |
Restricted stock unit transactions are summarized as follows:
|
|
|
Options |
|
|
Weighted |
|
|
|
|
Granted |
|
|
Average |
|
|
|
|
for Common |
|
|
Grant Date |
|
|
(Dollars in thousands, except share and per share data) |
|
Shares |
|
|
Fair Value |
|
|
Non-vested at January 1, 2014 |
|
|
- |
|
|
|
|
|
|
Granted |
|
|
3,198 |
|
|
$ |
11.10 |
|
|
Non-vested at December 31, 2014 |
|
|
3,198 |
|
|
|
11.10 |
|
|
Granted |
|
|
40,035 |
|
|
|
12.54 |
|
|
Vested |
|
|
(3,304 |
) |
|
|
11.13 |
|
|
Non-vested at December 31, 2015 |
|
|
39,929 |
|
|
|
12.54 |
|
|
Granted |
|
|
3,866 |
|
|
|
16.50 |
|
|
Vested |
|
|
(14,228 |
) |
|
|
12.81 |
|
|
Forfeited |
|
|
(1,672 |
) |
|
|
12.54 |
|
|
Non-vested at December 31, 2016 |
|
|
27,895 |
|
|
|
12.97 |
|
|