Annual report pursuant to Section 13 and 15(d)

Stockholder's Equity

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Stockholder's Equity
12 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]  
Stockholder's Equity

During the years ended March 31, 2020 and 2019, shareholders made capital contributions of $0 and $225 to FRHC, respectively. During the years ended March 31, 2020 and 2019 awarded nonqualified stock options were exercised in the amount of $455 and $20, respectively.

 

On October 6, 2017, the Company awarded restricted stock grants totaling 3,900,000 shares of its common stock to 16 employees and awarded nonqualified stock options to purchase an aggregate of 360,000 shares of its common stock to two employees. Of the 3,900,000 shares awarded pursuant to the restricted stock grant awards, 1,200,000 shares are subject to two-year vesting conditions and 2,700,000 shares are subject to three-year vesting conditions. All of the nonqualified stock options are subject to three-year vesting conditions. The Company recorded stock compensation expense for restricted stock grants and stock options in the amount of $2,625 during the year ended March 31, 2020. The Company recorded stock-based compensation expense for restricted stock grants and stock options in the amount of $3,498 during year ended March 31, 2019, respectively.