filings.toolsItem 12. Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters
2K characters. Original on sec.gov · Markdown
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters
The following table sets forth information as of December 31, 2020 on the Company’s equity compensation plans:
| Number of securities to be issued upon exercise of outstanding options, warrants and rights | Weighted average exercise price of outstanding options, warrants and rights | Number of securities remaining available for future issuance under equity compensation plans | |
| Equity compensation plans approved by security holders (a) | 3,513,955 (b) | $210.59 (d) | 343,648 |
| Equity compensation plans not approved by security holders (c) | - | - | - |
a)The Company’s stock option and stock incentive plans are described more fully in Note 10 to the December 31, 2020 financial statements. All plans were approved by the Company’s shareholders.
b)Includes 552,788 restricted share units that, if and when vested, will be settled in common shares of the Company on a one for one basis.
c)There are no securities available for future issuance or currently outstanding under plans not approved by the Company’s shareholders as of December 31, 2020.
d)Represents the average exercise price of 2,961,167 stock options outstanding at December 31, 2020. We also have 552,788 restricted share units outstanding at December 31, 2020 that vest for no consideration.
Other information required by this item is hereby incorporated by reference to the material appearing in the Notice and Proxy Statement for the 2021 Annual Meeting of Shareholders, to be filed pursuant to Regulation 14A under the Exchange Act.
Previous: Item 11. Executive Compensation · Next: Item 13. Certain Relationships and Related Transactions and Trustee Independence