Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.2
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2022
Stock-Based Compensation [Abstract]  
Schedule of Share-based Payment Award, Performance Stock Units, Monte Carlo Simulation Valuation Assumptions
Expected dividend yield —  %
Risk-free interest rate 1.51  %
Expected volatility 44.51  %
Expected term (in years) 2.91
Schedule of Nonvested Restricted Stock Units Activity
The following table summarizes the activity for the Company’s restricted stock units and performance stock units for the six months ended June 30, 2022:
Restricted Stock Units Performance Stock Units
Number of
Units		 Weighted Average Grant Date Fair Value (per share) Number of
Units		 Weighted Average Grant Date Fair Value (per share)
Nonvested as of December 31, 2021 2,507,421  $ 15.68  1,117,555  $ 16.91 
Granted 2,750,234  $ 10.28  295,132  $ 8.82 
Vested (1,325,654) $ 15.67  (496,442) $ 15.41 
Forfeited (945,212) $ 12.64  (165,807) $ 12.46 
Nonvested as of June 30, 2022 2,986,789  $ 11.68  750,438  $ 15.70 
Schedule of Nonvested Performance-based Units Activity
The following table summarizes the activity for the Company’s restricted stock units and performance stock units for the six months ended June 30, 2022:
Restricted Stock Units Performance Stock Units
Number of
Units		 Weighted Average Grant Date Fair Value (per share) Number of
Units		 Weighted Average Grant Date Fair Value (per share)
Nonvested as of December 31, 2021 2,507,421  $ 15.68  1,117,555  $ 16.91 
Granted 2,750,234  $ 10.28  295,132  $ 8.82 
Vested (1,325,654) $ 15.67  (496,442) $ 15.41 
Forfeited (945,212) $ 12.64  (165,807) $ 12.46 
Nonvested as of June 30, 2022 2,986,789  $ 11.68  750,438  $ 15.70