Quarterly report pursuant to Section 13 or 15(d)

股票补偿

v2.4.0.6
股票补偿
6个月结束
小君. 30, 2012
股权薪酬[摘要]  
股票补偿
股票补偿

三个月和六个月 结束了 2012年6月30日, the Company’s stock-based compensation expense was $1,135,000$2,270,000, respectively, of which the Company capitalized $454,000$908,000, respectively, relating to its exploration 和 development efforts. 在 三个月和六个月 结束了 2011年6月30日, the Company’s stock-based compensation expense was $325,000$453,000, respectively, of which the Company capitalized $130,000$181,000, respectively, relating to its exploration 和 development efforts.

Options 和 restricted common stock are reported as share based payments 和 their fair value is amortized to expense using the straight-line method over the vesting period. The shares of stock issued once the options are exercised will be from authorized but unissued common stock.

The fair value of each option award is estimated on the date of grant using the Black-Scholes option valuation model that uses certain assumptions. Expected volatilities are based on the historical volatility of the market price of Gulfport’s common stock over a period of time ending on the grant date. Based upon historical experience of the Company, the expected term of options granted is equal to the vesting period plus one year. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. The 2005 Stock Incentive Plan provides that all options must have an exercise price not less than the fair value of the Company’s common stock on the date of the grant.

No stock options were issued during the 六个 个月结束 2012年6月30日2011.

The Company has not declared dividends 和 does not intend to do so in the foreseeable future, 和 thus did not use a dividend yield. 在每种情况下, the actual value that will be realized, 如果有任何, depends on the future performance of the common stock 和 overall stock market conditions. There is no assurance that the value an optionee actually realizes will be at or near the value estimated using the Black-Scholes model.

A summary of the status of stock options 和 related activity for the 六个 个月结束 2012年6月30日 现列如下:
 
 
股票
 
加权
平均
锻炼
价格
每股
 
加权
平均
剩下的
合同期限
 
内在
价值
Options outst和ing at December 31, 2011
356,241

 
$
6.51

 
3.41

 
$
8,172,000

授予

 

 

 

行使

 

 

 

没收/过期

 

 

 

2012年6月30日未偿期权
356,241

 
$
6.51

 
2.91

 
$
5,030,000

2012年6月30日可行权的期权
356,241

 
$
6.51

 
2.91

 
$
5,030,000



The following table summarizes information about the stock options outst和ing at 2012年6月30日:
 
锻炼
价格
 
数量
杰出的
 
加权平均
剩下的生活
(年)
 
数量
可运用的
$
3.36

 
206,241

 
2.56

 
206,241

$
9.07

 
25,000

 
3.19

 
25,000

$
11.20

 
125,000

 
3.42

 
125,000

 
 
356,241

 
 
 
356,241



The following table summarizes restricted stock activity for the 六个 个月结束 2012年6月30日:
 
 
数量
of
限制
限制
股票
 
加权
平均
格兰特
公平的日期
价值
限制 shares as of December 31, 2011
203,348

 
$
26.02

授予
167,500

 
37.36

既定的
(66,474
)
 
30.15

被没收的

 

截至2012年6月30日未授予股份
304,374

 
$
31.36



Unrecognized compensation expense as of 2012年6月30日 related to outst和ing stock options 和 restricted shares was $8,808,000. The expense is expected to be recognized over a weighted average period of 1.78 年.