Columbia Sportswear Company Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation

Stock-Based Compensation

3 Months Ended

Mar. 31, 2022

Share-based Payment Arrangement [Abstract]


NOTE 6 — STOCK-BASED COMPENSATION

The Company's Stock Incentive Plan allows for grants of incentive stock options, non-statutory stock options, restricted stock awards, restricted stock units, and other stock-based or cash-based awards. The Company uses original issuance shares to satisfy share-based payments.

STOCK-BASED COMPENSATION EXPENSE

Stock-based compensation expense consisted of the following:

STOCK OPTIONSDuring the three months ended March 31, 2022, the Company granted a total of 536,436 stock options at a weighted average grant date fair value of $18.36 per option. As of March 31, 2022, unrecognized costs related to outstanding stock options totaled $19.2 million, before any related tax benefit. These unrecognized costs related to stock options are expected to be recognized over a weighted average remaining period of 2.89 years.RESTRICTED STOCK UNITSDuring the three months ended March 31, 2022, the Company granted 206,787 restricted stock units at a weighted average grant date fair value of $86.74 per restricted stock unit. As of March 31, 2022, unrecognized costs related to outstanding restricted stock units totaled $30.6 million, before any related tax benefit. These unrecognized costs related to restricted stock units are expected to be recognized over a weighted average remaining period of 2.95 years.