Ring Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

EMPLOYEE STOCK OPTIONS (Details 1)

v3.7.0.1

EMPLOYEE STOCK OPTIONS (Details 1)	6 Months Ended
EMPLOYEE STOCK OPTIONS (Details 1)	Jun. 30, 2017 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Exercised \| shares	(55,180)
Weighted-Average Exercise Price, Exercised \| $ / shares	$ 2.25
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding, December 31, 2016 \| shares	3,362,350
Shares, Exercised \| shares	(66,400)
Shares, Forfeited \| shares	(11,450)
Shares, Outstanding, Jun 30, 2017 \| shares	3,284,500
Shares, Exercisable, Jun 30, 2017 \| shares	1,976,800
Weighted-Average Exercise Price, Outstanding, December 31, 2016 \| $ / shares	$ 5.90
Weighted-Average Exercise Price, Exercised \| $ / shares	2.25
Weighted-Average Exercise Price, Forfeited \| $ / shares	10.12
Weighted-Average Exercise Price, Outstanding, Jun 30, 2017 \| $ / shares	5.96
Weighted-Average Exercise Price, Exercisable, Jun 30, 2017 \| $ / shares	$ 4.18
Weighted Average Remaining Contractual Term, Outstanding, Jun 30, 2017	6 years 6 months
Weighted Average Remaining Contractual Term, Exercisable, Jun 30, 2017	5 years 4 months 24 days
Aggregate Intrinsic Value, Outstanding \| $	$ 23,161,325

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The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.

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The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.

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The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan.

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Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.

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Number of options outstanding, including both vested and non-vested options.

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Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated.

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Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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