A summary of option activities under the Plan and changes during the years ended December 31, 2016 and 2017 is set forth in the following table:
| Number of Units |
Weighted Average Exercise Price Per Unit |
Weighted Average Remaining Contractual Term (in years) |
||||||||||
|
Equity-settled arrangements |
USD | |||||||||||
|
Oustanding at January 1, 2016 |
— | — | ||||||||||
|
Granted |
23,250 | 8.10 | ||||||||||
|
Exercised |
— | — | ||||||||||
|
Forfeited/Cancelled |
— | — | ||||||||||
|
Expired |
— | — | ||||||||||
|
|
|
|
|
|
|
|||||||
|
Oustanding at December 31, 2016 |
23,250 | US$ | 8.10 | 0.8 year | ||||||||
|
|
|
|
|
|
|
|||||||
|
Granted |
127,500 | 8.10 | ||||||||||
|
Exercised |
(30,308 | ) | 8.10 | |||||||||
|
Forfeited/Cancelled |
(23,879 | ) | 8.10 | |||||||||
|
Expired |
— | — | ||||||||||
|
Transfer to equity-settled arrangements on April 12nd |
273,057 | 9.59 | ||||||||||
|
|
|
|
|
|
|
|||||||
|
Oustanding at December 31, 2017 |
369,620 | US$ | 9.20 | 0.7 year | ||||||||
|
|
|
|
|
|
|
|||||||
|
Vested at December 31, 2016 |
230,616 | |||||||||||
|
Vested at December 31, 2017 |
381,282 | |||||||||||