Ring Energy, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

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

EMPLOYEE STOCK OPTIONS, RESTRICTED STOCK AWARD PLAN AND 401(k) - Performance Stock Units (Details)

v3.22.0.1

EMPLOYEE STOCK OPTIONS, RESTRICTED STOCK AWARD PLAN AND 401(k) - Performance Stock Units (Details) - Performance Shares - USD ($)		12 Months Ended
	Nov. 22, 2021	Dec. 31, 2021
Summary of the status of the performance stock grants
Restricted stock, Outstanding at beginning of the year		0
Restricted stock, Granted	860,216	860,216
Restricted stock, Forfeited or rescinded		0
Restricted stock, Vested		0
Restricted stock, Outstanding at end of year		860,216
Weighted-Average Grant Date Fair Value, Outstanding at beginning of the year		$ 0
Weighted-Average Grant Date Fair Value, Granted		3.87
Weighted-Average Grant Date Fair Value, Forfeited or rescinded		0
Weighted-Average Grant Date Fair Value, Vested		0
Weighted-Average Grant Date Fair Value, Outstanding at end of year		$ 3.87
Share-based compensation expense related to PSU		$ 171,494
Unrecognized compensation cost related to PSU		$ 3,348,851
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		2 years

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Amount of expense for award under share-based payment arrangement. Excludes amount capitalized.

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