STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement [Abstract]

Valuation Assumptions

The assumptions used to value the above-target portion of the 2021 Grant were as follows:

	Value
Expected term (years)(1)	0.3 - 0.4
Expected volatility	72.9%
Risk-free interest rate	0.3%
Vesting price(1)(2)	$69.23 - $74.95
Average grant date fair value per share	$49.65 - $47.97

(1)The $69.23 stock price hurdle for the 2021 Grant was met during June 2021, the related performance stock units vested, and the related expense that would have been recognized over 0.3 years was accelerated and recognized during the three months ended June 30, 2021.

(2)The vesting price is the average of the daily volume-weighted average share price of USCR Stock over any period of 20 consecutive trading days within the three-year period beginning on the date of grant, based on hurdles established on March 1, 2021.