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Incentive Based Compensation
3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Incentive Based Compensation Incentive Based Compensation
Stock options, restricted stock awards and restricted stock units
The following table presents a summary of activity for the first three months of 2020
 
Stock Options
 
Restricted Stock Awards & Units
 
Number of Shares
 
Weighted Average Exercise Price
 
Awards
 
Weighted Average Grant Date Fair Value
Outstanding at December 31, 2019
5,659,731

 
$
23.55

 
7,174,386

 
$
15.88

Granted
1,132,808

(a) 
$
10.47

 
5,337,796

 
$
8.55

Exercised/Vested
(52,333
)
 
$
7.22

 
(2,815,109
)
 
$
15.93

Canceled
(202,934
)
 
$
26.25

 
(200,750
)
 
$
14.71

Outstanding at March 31, 2020
6,537,272

 
$
21.33

 
9,496,323

 
$
11.77

(a)    The weighted average grant date fair value of stock option awards granted was $3.82 per share.
Stock-based performance unit awards
During the first three months of 2020, we granted 1,038,676 stock-based performance units to certain officers to be settled in shares. The grant date fair value per unit was $10.55, as calculated using a Monte Carlo valuation model. As of March 31, 2020 there were 1,658,088 units outstanding.