Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Share-based Compensation

v3.19.1
Note 9 - Share-based Compensation
9 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Share-based Payment Arrangement [Text Block]
(
9
)
Share-Based Compensation
 
All options are issued at the closing stock price on each grant date and have a contractual term of
10
years. A summary of stock option activity during the
nine
months ended
March 31, 2019
is presented below.
 
           
Weighted
 
           
Average
 
   
Options
   
Exercise Price
 
Outstanding at June 30, 2018
   
561,595
    $
21.70
 
Granted
   
25,590
    $
23.45
 
Exercised
   
(50,250
)   $
15.89
 
Canceled (forfeited/expired)
   
(140,364
)   $
23.03
 
Outstanding at March 31, 2019
   
396,571
    $
22.07
 
Exercisable at March 31, 2019
   
316,699
    $
20.91
 
 
A summary of stock unit awards activity during the
nine
months ended
March 31, 2019
is presented below.
 
           
Weighted
 
   
Stock
   
Average
 
   
Unit
   
Grant Date
 
   
Awards
   
Fair Value
 
Outstanding at June 30, 2018
   
330,369
    $
26.15
 
Granted
   
105,644
     
18.60
 
Vested
   
-
     
-
 
Canceled (forfeited/expired)
   
(33,227
)    
23.36
 
Outstanding at March 31, 2019
   
402,786
    $
24.40
 
 
There were
no
restricted stock awards outstanding at
March 31, 2019.
 
At
March 31, 2019,
there were
1,489,996
shares of common stock available for future issuance pursuant to the Stock Incentive Plan.