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Common Stock and Incentive Awards (Tables)
12 Months Ended
Dec. 31, 2015
Common Stock and Incentive Awards  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity

A summary of the RSU activity for the year ended December 31, 2015 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average

 

Weighted-Average

 

 

 

 

 

 

Equity

 

Grant Date

 

Remaining

 

Aggregate 

 

 

    

Awards

    

Fair Value

    

Contractual Life

    

Fair Value

 

 

 

 

 

 

 

 

(in years)

 

 

(in millions)

 

Unvested outstanding as of December 31, 2014

 

 —

 

$

 —

 

 —

 

 

 —

 

Granted (1)

 

917,283

 

 

4.08

 

 

 

 

 

 

Vested

 

(89,900)

 

 

4.03

 

 

 

 

 

 

Unvested outstanding as of December 31, 2015

 

827,383

 

$

4.09

 

2.12

 

$

3.4

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)     Includes 475,409 of performance awards expected to be awarded at 135% of target.

 

Schedule of Share-based Compensation, Stock Options, Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

 

 

 

Range of

 

Weighted-Average

 

Remaining

 

Aggregate

 

 

 

Options

    

Exercise Prices

    

Exercise Price

    

Contractual Life

    

Intrinsic Value

 

 

 

 

 

 

 

 

 

 

 

 

(in years)

 

(in millions)

 

Outstanding as of Merger Date

 

474,833

 

$
2.44

-

$16.27

 

$

7.13

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

(76,633)

 

$
2.44

-

$3.94

 

$

3.22

 

 

 

 

 

 

 

Expired

 

 —

 

 

 

 —

 

 

 —

 

 

 

 

 

 

 

Forfeited

 

 —

 

 

 

 —

 

 

 —

 

 

 

 

 

 

 

Outstanding and Exercisable as of December 31, 2014

 

398,200

 

$
2.44

-

$16.27

 

$

7.88

 

 

4.54

 

$

0.2

 

Expired

 

(86,000)

 

 

 

$11.30

 

$

11.30

 

 

 

 

 

 

 

Outstanding and Exercisable as of December 31, 2015

 

312,200

 

$
2.44

-

$16.27

 

$

6.94

 

 

3.47

 

$

1.3