Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.23.1
Stockholders' Equity (Tables)
 9 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Summary of Stock Option Activity

The following table summarizes the stock option activity for the nine months ended March 31, 2023:

 

 

Options

 

 

Weighted Average Exercise Price Per Share

 

 

Aggregate
Intrinsic Value
(in thousands)

 

 

Weighted Average Grant Date Fair Value Per Award

 

Outstanding at June 30, 2022

 

 

1,779,460

 

 

$

7.84

 

 

$

43,433

 

 

$

3.51

 

Granted

 

 

10,000

 

 

$

39.69

 

 

 

 

 

 

 

Exercised

 

 

(275,040

)

 

$

6.67

 

 

 

 

 

 

 

Outstanding at March 31, 2023

 

 

1,514,420

 

 

$

7.09

 

 

$

41,786

 

 

$

3.57

 

Exercisable at March 31, 2023

 

 

981,931

 

 

$

5.70

 

 

$

28,429

 

 

$

2.75

 
Summary of Status of Stock Option Outstanding

The following table summarizes the status of stock options outstanding as of March 31, 2023:

Exercise Price Ranges

 

 

Options Outstanding

 

 

Options Exercisable

 

From

 

 

To

 

 

Number of Shares Outstanding

 

 

Weighted Average Remaining Contractual Life
(Years)

 

 

Weighted Average Exercise Price

 

 

Number of Shares Exercisable

 

 

Weighted Average Remaining Contractual Life
(Years)

 

 

Weighted Average Exercise Price

 

$

—

 

 

$

5.00

 

 

 

710,858

 

 

 

6.48

 

 

$

1.91

 

 

 

449,038

 

 

 

6.30

 

 

$

2.21

 

$

5.01

 

 

$

7.50

 

 

 

84,894

 

 

 

3.66

 

 

$

5.98

 

 

 

84,894

 

 

 

3.66

 

 

$

5.98

 

$

7.51

 

 

$

12.50

 

 

 

453,334

 

 

 

3.43

 

 

$

8.88

 

 

 

426,666

 

 

 

3.18

 

 

$

8.86

 

$

12.51

 

 

$

30.00

 

 

 

255,334

 

 

 

7.94

 

 

$

17.42

 

 

 

21,333

 

 

 

7.73

 

 

$

14.77

 

$

30.01

 

 

$

50.00

 

 

 

10,000

 

 

 

9.85

 

 

$

39.69

 

 

 

—

 

 

 

—

 

 

$

—

 

 

 

 

 

 

 

1,514,420

 

 

 

5.68

 

 

$

7.09

 

 

 

981,931

 

 

 

4.75

 

 

$

5.70

 
Summary of Nonvested Stock Option Activity

The following table summarizes the nonvested stock option activity for the nine months ended March 31, 2023.

 

 

Options

 

 

 

Weighted Average Grant Date Fair Value Per Award

 

Nonvested Outstanding at June 30, 2022

 

 

631,488

 

 

 

$

5.06

 

Granted

 

 

10,000

 

 

 

$

16.56

 

Vested

 

 

(108,999

)

 

 

$

6.06

 

Forfeitures

 

 

—

 

 

 

$

—

 

Nonvested Outstanding at March 31, 2023

 

 

532,489

 

 

 

$

5.07

 

 
Summary of Restricted Stock Unit Activity

The following table summarizes the RSU activity for the nine months ended March 31, 2023:

 

 

Awards
Outstanding

 

 

 

Weighted Average Fair Value per Unit at Grant Date

 

 

Nonvested Outstanding at June 30, 2022

 

 

56,093

 

 

 

$

32.58

 

 

Granted

 

 

16,435

 

 

 

$

29.21

 

 

Vested & delivered

 

 

(3,296

)

 

 

$

36.38

 

 

Vested & deferred (1)

 

 

(10,147

)

 

 

$

35.46

 

 

Nonvested Outstanding at March 31, 2023

 

 

59,085

 

 

 

$

30.93

 

 

Vested but subject to deferred settlement at March 31, 2023 (1)

 

 

29,341

 

 

 

$

24.53

 

 

Outstanding at March 31, 2023

 

 

88,426

 

 

 

$

28.81

 

 

 

(1) Certain RSU holders elected to defer settlement of the RSUs to a specified date. The DSU holder is contractually obligated to defer settlement of the DSUs to a specified date following the holder’s termination of service.