Company: SWKH
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001628280-25-013989
Chunk: 107

Company: SWK Holdings Corp
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1B
Chunk 107
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2010 Stock Incentive Plan for the indicated periods: Options OutstandingNumber of SharesWeighted-Average Exercise PriceWeighted-Average Remaining Contractual Term (in years)Aggregate Intrinsic Value (in thousands)Balances, December 31, 202290,000 $10.88 6.3$364 Options canceled and retired(22,039)16.29 Options exercised(461)16.29 Balances, December 31, 202367,500 12.705.0326Options exercised(18,750)12.50 Balances, December 31, 202448,750 12.78 3.8137 Options vested and exercisable and expected to be vested and exercisable at December 31, 202448,750 $12.78 3.8$137 Options vested and exercisable at December 31, 202448,750 $12.78 3.8$137  

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At December 31, 2024, there were approximately 670,235 shares reserved for issuance under the 2010 Stock Incentive Plan, and the Company had no unrecognized stock option expense for time-based awards. The following table summarizes significant ranges of outstanding and exercisable options as of December 31, 2024: Exercise PricesNumber OutstandingWeighted-Average Remaining Contractual Life (in years)Weighted-Average Exercise Price per ShareNumber ExercisableWeighted-Average Exercise Price per Share$9.61 15,000 1.5$9.61 15,000 $9.61 $12.50 18,7504.4$12.50 18,750$12.50 $16.29 15,0005.4$16.29 15,000$16.29 Total48,750 3.8$12.78 48,750 $12.78 Employee stock-based compensation expense recognized for time-vesting options for the years ended December 31, 2024 and 2023, uses the Black-Scholes option pricing model for estimating the fair value of options granted under the Company’s equity incentive plans. Risk-free interest rates for the options were taken from the Daily Federal Yield Curve Rates on the grant dates for the expected life of the options as published by the Federal Reserve. The expected volatility was based upon historical data and other relevant factors such as the Company’s changes in historical