Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Payment Arrangement [Abstract]

Summary of restricted stock unit activity

The following table summarizes the Company’s unvested share awards outstanding under the PIPP:

	Six Months Ended June 30,
	2022
Unvested at beginning of year(1)	2,210,911
Granted	2,466,042
Impact of fluctuations in share price	(457,084)
Canceled/forfeited	(203,383)
Vested(2)	(792,249)
Unvested end of period(1)	3,224,237

(1)Amounts include liability-based awards for which the number of units awarded is not determined until the vesting date. The number of liability-based award units included in this amount are estimated using the market value of the Company's common shares as of the end of each reporting period.

(2)On June 30, 2022, 36,344 restricted stock units vested and the corresponding issuance of shares of common stock could not be issued as the Company was under a trading black-out. The shares of common stock will be issued upon expiration of the black-out period.

(3)Subsequent to June 30, 2022, the Company granted 506,062 restricted stock units to employees of the Company.