Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.21.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2021
Stockholders' Equity  
Schedule of Stock-Based Compensation Expense

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, 2021 and 2020:

​

​

​

​

​

​

​

​

​

​

Three Months Ended March 31, 

($ in thousands)

    

2021

    

2020

Employee awards

​

$

1,488

​

$

1,217

Executive awards of Fortress Companies' stock

​

 

345

​

 

401

Non-employee awards

​

 

22

​

 

54

Partner Companies:

​

 

​

​

​

​

Avenue

​

 

114

​

 

215

Checkpoint

​

 

774

​

 

639

Mustang

​

 

996

​

 

805

Other

​

 

34

​

 

69

Total stock-based compensation expense

​

$

3,773

​

$

3,400

​

Schedule of Stock Option Activities

The following table summarizes Fortress stock option activities excluding activity related to Fortress partner companies:

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted average

​

​

​

​

​

​

​

Total

​

remaining

​

​

​

​

Weighted average

​

weighted average

​

contractual life

​

    

Number of shares

    

exercise price

    

intrinsic value

    

(years)

Options vested and expected to vest at December 31, 2020

 

1,053,490

​

$

5.02

​

$

647,482

 

2.63

Forfeited

​

(25,000)

​

​

4.88

​

​

—

​

—

Options vested and expected to vest at March 31, 2021

 

1,028,490

​

$

5.02

​

$

807,138

 

2.40

​

Schedule of Restricted Stock Awards and Restricted Stock Units

The following table summarizes Fortress restricted stock awards and restricted stock units activities, excluding activities related to Fortress Companies:

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​

​

​

​

​

​

​

    

​

    

Weighted

​

​

​

​

average grant

​

​

Number of shares

​

price

Unvested balance at December 31, 2020

​

15,507,504

​

$

2.49

Restricted stock granted

​

2,330,678

​

​

3.17

Restricted stock vested

​

(236,668)

​

​

2.75

Restricted stock units vested

​

(38,583)

​

​

3.48

Unvested balance at March 31, 2021

​

17,562,931

​

$

2.57

​

Schedule of Warrant activities

The following table summarizes Fortress warrant activities, excluding activities related to Fortress Companies:

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Total weighted

​

Weighted average

​

​

​

​

​

​

​

average

​

remaining

​

​

Number of

​

Weighted average

​

 intrinsic

​

contractual life

​

    

shares

    

exercise price

    

value

    

(years)

Outstanding as of December 31, 2020

 

4,590,621

​

$

3.17

​

$

607,848

 

4.85

Forfeited

​

(60,000)

​

​

1.37

​

​

—

​

​

Outstanding as of March 31, 2021

 

4,530,621

​

$

3.20

​

$

1,820,564

 

4.66

Exercisable as of March 31, 2021

 

4,370,621

​

$

3.23

​

$

1,607,964

 

4.61