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Share-Based Incentive Plan (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Stock Awards Activity
The following table summarizes stock option and SAR (together, “stock awards”) activity:
Number of Shares Under Stock AwardsWeighted Average Exercise Price per Share
Outstanding at December 31, 20196,347,709  $36.97  
Granted737,673  17.61  
Exercised(27,615) 21.13  
Forfeited(285,591) 25.01  
Outstanding at June 30, 20206,772,176  $35.42  
Vested and expected to vest at June 30, 20206,568,741  $35.71  
Exercisable at June 30, 20205,154,492  $38.76  
Nonvested Restricted Stock and Restricted Stock Unit Awards Activity
A summary of the status of the Company’s nonvested restricted stock unit awards, including PSUs (collectively, “restricted stock awards”), as of June 30, 2020 and the changes during the six months ended June 30, 2020 are presented below:
Number of Restricted Stock AwardsWeighted Average Grant-Date Fair Value per Share
Nonvested at December 31, 20194,105,689  $34.42  
Granted2,945,085  17.48  
Released(1,104,737) 36.57  
Forfeited(252,227) 43.02  
Nonvested at June 30, 20205,693,810  $24.86