Quarterly report pursuant to Section 13 or 15(d)

Stock Options

v3.4.0.3
Stock Options
3 Months Ended
Mar. 31, 2016
Stock Options.  
Stock Options

8.    Stock Options

 

The Company granted stock options to purchase 465,500 shares of Common Stock pursuant to the AxoGen Plan for the three months ended March 31, 2016.  Stock-based compensation expense was $182,955 and $368,249 for the three months ended March 31, 2016 and 2015, respectively. During the quarter ended March 31, 2016, the Company granted stock options to purchase 260,500 shares of Common Stock that are contingent upon certain future events.  No stock compensation expense has been recorded for these options due to the uncertainty of those future events.  Total future stock compensation expense related to nonvested awards is expected to be approximately $3,434,000 at March 31, 2016.