Climb Global Solutions Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity and Stock Based Compensation (Tables)

Stockholders' Equity and Stock Based Compensation (Tables)

3 Months Ended

Mar. 31, 2014

Stockholders' Equity and Stock Based Compensation

Schedule of changes in options outstanding under the combined plans

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Aggregate Intrinsic Value ($M)(1)
Outstanding at January 1, 2014	285,640		$	8.71
Granted in 2014	—		—
Canceled in 2014	(15,000	)	3.04
Exercised in 2014	(105,000	)	8.26
Outstanding at March 31, 2014	165,640		$	9.50	0.5	$	1.7
Exercisable at March 31, 2014	165,640		$	9.50	0.5	$	1.7

(1) The intrinsic value of an option is calculated as the difference between the market value on the last trading day of the quarter (March 31, 2014) and the exercise price of the outstanding options. The market value as of March 31, 2014 was $19.84 per share represented by the closing price as reported by The NASDAQ Global Market on that day.

Summary of nonvested shares of Restricted Stock awards outstanding and the changes during the period

	Shares		Weighted Average Grant Date Fair Value
Nonvested shares at January 1, 2014	199,550		$	12.02
Granted in 2014	45,689		15.12
Vested in 2014	(30,174	)	10.84
Forfeited in 2014	(25,275	)	11.28
Nonvested shares at March 31, 2014	189,790		$	12.70