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Share-Based Incentive Plan (Tables)
9 Months Ended
Sep. 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 
Granted814,351 17.37 
Exercised(27,615)21.13 
Forfeited(337,285)25.37 
Outstanding at September 30, 20206,797,160 $35.26 
Vested and expected to vest at September 30, 20206,589,725 $35.57 
Exercisable at September 30, 20205,159,754 $38.75 
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 September 30, 2020 and the changes during the nine months ended September 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 
Granted2,978,412 17.46 
Released(1,104,737)36.57 
Forfeited(306,108)39.50 
Nonvested at September 30, 20205,673,256 $24.83