A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

9 Months Ended

Mar. 31, 2022

The following table summarizes the stock option activity for the nine months ended March 31, 2022.


	Options			Weighted Average Exercise Price Per Share		Aggregate Intrinsic Value (in thousands)		Weighted Average Grant Date Fair Value Per Award
Outstanding at June 30, 2021		1,159,028		$	16.01	$	35,343	$	6.88
Exercises		(223,508	)	$	9.05
Outstanding at March 31, 2022		935,520		$	15.25	$	58,084	$	6.99
Exercisable at March 31, 2022		527,198		$	13.20	$	33,814	$	5.61

Summary of Status of Stock Option Outstanding

Following is a summary of the status of stock options outstanding as of March 31, 2022.


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
$	—	$	10.00		438,597		6.87	$	5.70		214,276		5.99	$	6.31
$	10.01	$	15.00		110,923		4.76	$	13.69		102,589		4.55	$	13.96
$	15.01	$	25.00		231,667		4.42	$	19.68		205,000		3.90	$	19.55
$	25.01	$	60.00		154,333		8.94	$	36.88		5,333		8.73	$	31.55
					935,520		6.35	$	15.25		527,198		4.92	$	13.20

Summary of Nonvested Stock Option Activity

The following table summarizes the nonvested stock option activity for the nine months ended March 31, 2022.


	Options			Weighted Average Grant Date Fair Value Per Award
Nonvested Outstanding at June 30, 2021		466,377		$	8.52
Vested		(58,055	)	$	6.79
Nonvested Outstanding at March 31, 2022		408,322		$	8.77

Summary of Restricted Stock Unit Activity

The following table summarizes the RSU activity for the nine months ended March 31, 2022:


	Awards Outstanding			Weighted Average Fair Value per Unit at Grant Date
Outstanding at June 30, 2021		12,721		$	37.72
Shares granted		6,649	(1)	$	72.15
Outstanding at March 31, 2022		19,370		$	49.54

Vested but subject to deferred settlement at March 31, 2022		—		$	—

(1)

A required adjustment to certain outstanding RSUs was triggered as a result of the non-recurring special dividend declared on August 30, 2021. In accordance with the terms of the Company’s RSU agreements under which the RSUs were issued, the holders of the RSUs were entitled to credits equivalent to dividends that would have been paid had the RSUs had been outstanding shares as of the applicable record date. In the case of RSUs with terms not permitting crediting of dividend equivalents in cash, this event resulted in crediting of additional RSUs, increasing the number of RSUs by 55.848 RSUs as of the record date (September 20, 2021).