Company: PRSU
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0000950170-25-040127
Chunk: 218

Company: Pursuit Attractions & Hospitality, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 8
Chunk 218
---
 period based on estimated future achievement of the respective performance metrics. The service-based awards are recognized on a straight-line basis over the requisite service period on a graded-vesting schedule ranging from one to three years. We did not grant any stock options during 2024 or 2023.The following table summarizes stock options outstanding and exercisable as of December 31, 2024: 

        Options Outstanding

        Options Exercisable

        Range of exercise prices
         
        Shares

        Weighted-AverageRemaining Contractual Life (in years)

        Weighted-AverageExercise Price

        Shares

        Weighted-AverageExercise Price

        $21.85

        54,150

        0.24

        $
        21.85

        54,150

        $
        21.85

        $33.96

        233,970

        3.33

        $
        33.96

        172,243

        $
        33.96

        $44.80

        137,858

        2.68

        $
        44.80

        137,858

        $
        44.80

        $21.85 - $44.80

        425,978

        2.73

        $
        35.93

        364,251

        $
        36.26

      The aggregate intrinsic value of stock options outstanding at December 31, 2024 was $3.1 million, which represents the difference between our closing stock price at the end of the reporting period and the exercise price, multiplied by the number of in-the-money stock options. The aggregate intrinsic value of options exercisable at December 31, 2024 was $2.6 million.As of December 31, 2024 and 2023, the total unrecognized compensation cost related to non-vested stock option awards was $0.1 million and $0.6 million, respectively. We expect to recognize such costs over a weighted-average period of approximately 0.2 years. 

43

PURSUIT ATTRACTIONS AND HOSPITALITY, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

      NOTE 4. ACQUISITIONS
     
    2024 AcquisitionsJasper SkyTram On December 31, 2024, we acquired 100% of the equity interests in the Jasper Sky