Veru Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 7 - Share-Based Payments (Tables)

Note 7 - Share-Based Payments (Tables)

12 Months Ended

Sep. 30, 2012

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

						Weighted Average
		Shares				Exercise Price Per Share				Remaining Contractual Term (years)				Aggregate Intrinsic Value
Outstanding at September 30, 2009			2,269,000			$	1.58
Granted			-				-
Exercised			(435,000	)			1.43
Forfeited			-				-
Outstanding at September 30, 2010			1,834,000			$	1.61
Granted			-				-
Exercised			-				-
Forfeited			-				-
Outstanding at September 30, 2011			1,834,000			$	1.61
Granted			-				-
Exercised			(1,557,750	)			1.44
Forfeited			-				-
Outstanding at September 30, 2012			276,250			$	2.57				4.78			$	1,266,000
Exercisable on September 30, 2012			276,250			$	2.57				4.78			$	1,266,000

Schedule of Nonvested Share Activity [Table Text Block]

		Shares				Weighted Average Grant -Date Fair Value
Total Outstanding September 30, 2009			119,589			$	3.16
Stock Granted			35,250				4.71
Vested			(105,250	)			3.61
Forfeited			(5,000	)			4.71
Total Outstanding September 30, 2010			44,589			$	3.16
Stock Granted			293,750				5.71
Vested			(142,335	)			4.97
Forfeited			(2,500	)			5.07
Total Outstanding September 30, 2011			193,504			$	5.68
Stock Granted			52,500				4.16
Vested			(149,686	)			5.23
Forfeited			(2,500	)			3.94
Total Outstanding September 30, 2012			93,818			$	5.59