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EQUITY-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2022
Schedule of equity option activity and related information

For the six months ended June 30, 2022

Weighted-average

Weighted-average

Grant Date Value

Aggregate Intrinsic

    

Stock Options

    

Exercise Price

    

Term (Years)

    

Value (in thousands) (a)

Beginning balance, outstanding

 

2,074,216

$

16.89

4.4

$

Exercised

(70,000)

8.70

Forfeited

 

(9,411)

20.00

Expired

(148,227)

20.17

Ending balance, outstanding

 

1,846,578

$

16.92

4.2

$

Ending balance, exercisable

1,846,578

$

16.92

4.2

$

Nonvested as of June 30, 2022

$

(a) Aggregate intrinsic value for stock options is based on the difference between the exercise price of the stock options and the quoted closing Class A Common Stock price of $6.82 and $6.23 as of June 30, 2022 and December 31, 2021, respectively.  

summary of ESPP activity

The following table summarizes ESPP activity (in thousands, except shares):

For the six months ended

    

June 30, 2022

Cash received for shares issued

$

25

Shares issued

3,140

Restricted Stock  
Schedule of restricted stock activity

For the six months ended June 30, 2022

Weighted-average

    

Restricted Stock Awards

    

Grant Date Fair Value

Nonvested as of December 31, 2021

3,144,513

$

6.35

Granted

2,529,231

8.13

Vested

(1,386,021)

7.02

Forfeited

(63,118)

7.16

Nonvested as of June 30, 2022

4,224,605

$

7.19

Performance share units  
Schedule of percentage of target PSUs earned

Ranking Among Peer Group

Percentage of Target Amount Earned

Outside of Top 10

0%

Top 10

50%

Top 7

100%

Top 3

175%

Adjusted FCF Performance Percentage

Percentage of Target Amount Earned

Less than 70%

0%

70%

50%

100%

100%

130%

175%

Summary of activity related to the units outstanding

    

PSUs

Nonvested as of December 31, 2021

2,205,604

Target shares granted

665,992

Target shares forfeited (1)

(838,384)

Target shares outstanding as of June 30, 2022

2,033,212