Equity Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Data concerning RSUs and stock awards granted in the years ended December 31:


	2019		2018		2017
RSUs — Employees	2,187,603		1,951,738		1,472,995
Weighted-average grant date fair value	$	12.37	$	14.86	$	13.52
Stock Awards — Board of Directors	74,760		51,226		65,520
Weighted-average grant date fair value	$	12.84	$	15.03	$	13.43

A summary of the changes in the number of unvested RSUs from December 31, 2016 to December 31, 2019 is presented below:


	Shares	Weighted Average Grant Date Fair Value
Outstanding — December 31, 2016	4,667,675	$	12.21
Granted^(a)	1,472,995	13.52
Released	(1,720,327)	10.05
Forfeited	(622,463)	13.13
Performance adjustment^(b)	74,054	9.93
Outstanding — December 31, 2017	3,871,934	$	13.10
Granted^(a)	1,951,738	14.86
Released	(744,757)	14.90
Forfeited	(210,553)	13.49
Performance adjustment^(b)	(408,328)	15.10
Outstanding — December 31, 2018	4,460,034	$	13.27
Granted^(a)	2,187,603	12.37
Released	(900,516)	12.00
Forfeited	(187,729)	13.66
Performance adjustment^(b)	(499,702)	11.57
Outstanding — December 31, 2019	5,059,690	$	13.27

^(a)Grant activity for all performance-based RSUs is disclosed at target.

^(b)Reflects the number of RSUs above and below target levels based on actual performance measured at the end of the performance period.