Company: DMRC
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005471
Chunk: 30

Company: Digimarc CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7A
Chunk 30
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ards over weighted average periods through  December 31, 2028 as follows:

       RSAs    RSUs    PRSUs  
 Weighted average period (in years)   1.01   1.33   1.32 

   As of  December 31, 2024, under the Company’s stock incentive plan, an additional 1,274 shares remained available for future grants.
    
   The Company issues new shares upon grants of RSAs and vesting of RSU and PRSU awards.
    
   Restricted Stock Awards Activity
    
   The following table presents the unvested balance of RSA activity:

           Weighted  
       Average  
   Number of    Grant Date  
   Shares    Fair Value  
 Unvested balance, December 31, 2022   196  $32.06 
 Granted   45  $22.10 
 Vested   (130) $30.18 
 Forfeited   (6) $34.89 
 Unvested balance, December 31, 2023   105  $29.89 
 Granted   45  $28.37 
 Vested   (84) $29.20 
 Forfeited   (7) $27.57 
 Unvested balance, December 31, 2024   59  $29.98 

   The fair value of RSAs vested is as follows:

       Year Ended December 31,  
   2024    2023  
 Fair value of RSAs vested  $2,234  $3,273 

        F-
       16

        DIGIMARC CORPORATION

        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)

        (In thousands, except per share data)

   Restricted Stock Units Activity
    
   The following table presents the unvested balance of RSU awards activity:

           Weighted  
       Average  
   Number of    Grant Date  
   Units    Fair Value  
 Unvested balance, December 31, 2022   370  $24.77 
 Granted   298  $23.20 
 Vested   (161) $24.46 
 Forfeited   (65