NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

Stock Based Compensation (Tables)

12 Months Ended

Jun. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Components of Common Stock Purchase Options and Warrants

A summary of option and warrant activity for the years ended June 30, 2017 and 2016 is presented below:

OPTIONS:
	# of shares			Weighted Ave Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregated Intrinsic Value

Outstanding and exercisable, June 30, 2015		708,133		$	6.84		1.22	$	572,352
Granted		152,024		$	4.50
Exercised		(177,024	)	$	4.37				368,808
Expired / Cancelled		(73,000	)	$	24.08
Outstanding and exercisable, June 30, 2016		610,133		$	4.90		0.99	$	799,030
Granted		79,838		$	4.53
Exercised		(84,838	)	$	4.49				33,474
Expired / Cancelled		(130,000	)	$	7.50
Outstanding and exercisable, June 30, 2017		475,133		$	4.20		1.05	$	8,413

WARRANTS:
Outstanding and exercisable, June 30, 2016		163,124		$	7.29		0.23	$	9,303
Granted / adjusted		-			-
Exercised		-			-
Expired		(163,124	)	$	7.29
Outstanding and exercisable, June 30, 2017		-			-		-	$	-

Schedule of Stock Options and Warrants Outstanding and Exercisable Activity

The following table summarizes information about stock options and warrants outstanding and exercisable at June 30, 2017:

Exercise Price	Number Outstanding and Exercisable		Weighted Average Remaining Contractual Life		Weighted Ave Exercise Price
*OPTIONS:*

$3.88- $6.50		474,133		1.05	$	4.18
$16.00		1,000		0.06	$	16.00
Totals		475,133		1.05	$	4.20

Schedule of Fair Value of Options Granted Assumptions

The assumptions used in calculating the fair value of options granted using the Black-Scholes option-pricing model for options granted during the year ended June 30, 2017 and 2016 are as follows:

	June 30, 2017			June 30, 2016
Risk-free interest rate		0.01% - 0.51	%		0.01% - 0.02	%
Expected life		1 month - 3 months			3 months - 5 months
Expected volatility		16.71% - 19.27	%		41.65% - 47.89	%
Expected dividend		0	%		0	%

Summary of Unvested Stock Grants Awarded as Compensation

The following table summarizes stock grants awarded as compensation:

	# of shares			Weighted Average Grant Date Fair Value ($)

Unvested, June 30, 2015		6,667		$	6.00
Granted		864,500		$	5.91
Vested		(240,939	)	$	5.51
Unvested, June 30, 2016		630,228		$	6.07
Granted		222,146		$	5.92
Cancelled		(5,000	)	$	5.55
Vested		(427,175	)	$	5.89
Unvested, June 30, 2017		420,199		$	6.15

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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