SUBSEQUENT EVENTS (Details Narrative) (Subsequent Event [Member], USD $)
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0 Months Ended |
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Jul. 24, 2014
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Subsequent Event [Member]
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Options granted | 475,000 |
Options granted, exercise price | $ 8.39 |
Vesting terms | 118,750 vested upon issuance and the remaining 356,250 vest in 25 percent equal tranches on each anniversary of grant |
Number of options vested in period | 118,750 |
Number of options nonvested | 0.25 |
Percent of options vesting at each anniversary | 25.00% |
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- Definition
Description of award terms as to how many shares or portion of an award are no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell the shares, and be entitled to the cash proceeds of such sale. For example, vesting may be expressed as being 25 percent of the shares under option on each anniversary of the grant date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Percentage of vesting of share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of non-vested options outstanding. No definition available.
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- Definition
Number of options vested. No definition available.
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- Definition
Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
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