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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Performance-Based Stock Option Activity

Performance-based stock option activity under the 2013 SIP and the 2018 EIP was as follows:

 

 

 

Shares

 

 

Weighted
Average
Exercise
Price
(per share)

 

 

Weighted
Average
Remaining
Contractual
Term
(in years)

 

 

Aggregate
Intrinsic Value
(in millions)

 

Performance-based options outstanding at December 31, 2021

 

 

1,777,050

 

 

$

64.72

 

 

 

8.3

 

 

$

70.6

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(10,098

)

 

 

(13.46

)

 

 

 

 

 

 

Forfeited or expired

 

 

(1,857

)

 

 

(13.46

)

 

 

 

 

 

 

Performance-based options outstanding at June 30, 2022

 

 

1,765,095

 

 

$

65.07

 

 

 

7.8

 

 

$

0.2

 

Performance-based options exercisable at June 30, 2022

 

 

233,357

 

 

$

63.81

 

 

 

7.7

 

 

$

0.2

 

Summary of Performance Stock Units

PSU activity under the 2018 EIP was as follows:

 

 

Shares

 

PSUs outstanding at December 31, 2021

 

 

318,745

 

Granted

 

 

577,015

 

Shares issued upon vesting of PSUs

 

 

(161,626

)

Forfeited or canceled

 

 

(17,409

)

PSUs outstanding at June 30, 2022

 

 

716,725

 

PSUs releasable at June 30, 2022

 

 

 

Summary of Restricted Stock Units Activity

RSU activity under the 2013 SIP and the 2018 EIP was as follows:

 

 

 

Shares

 

RSUs outstanding at December 31, 2021

 

 

1,935,939

 

Granted

 

 

1,440,393

 

Shares issued upon vesting of RSUs

 

 

(379,536

)

Forfeited or canceled

 

 

(104,750

)

RSUs outstanding at June 30, 2022

 

 

2,892,046

 

RSUs releasable at June 30, 2022

 

 

632,946

 

Summary of Term-Based Stock Option Activity

Term-based stock option activity under the 2013 SIP and the 2018 EIP was as follows:

 

 

 

Shares

 

 

Weighted
Average
Exercise
Price
(per share)

 

 

Weighted
Average
Remaining
Contractual
Term
(in years)

 

 

Aggregate
Intrinsic Value
(in millions)

 

Term-based options outstanding at December 31, 2021

 

 

8,515,869

 

 

$

48.87

 

 

 

7.3

 

 

$

473.4

 

Granted

 

 

81,145

 

 

 

56.29

 

 

 

 

 

 

 

Exercised

 

 

(346,735

)

 

 

(29.53

)

 

 

 

 

 

 

Forfeited or expired

 

 

(250,886

)

 

 

(56.40

)

 

 

 

 

 

 

Term-based options outstanding at June 30, 2022

 

 

7,999,393

 

 

$

49.54

 

 

 

6.9

 

 

$

53.5

 

Term-based options exercisable at June 30, 2022

 

 

5,472,967

 

 

$

43.31

 

 

 

6.5

 

 

$

52.5

 

 

Summary of Global Employee Stock Purchase Plan Activity

Our GESPP activity was as follows:

 

Period Ended

 

Shares Issued

 

 

Purchase Price
(per share)

 

March 31, 2022

 

 

56,208

 

 

$

58.11

 

June 30, 2022

 

 

84,541

 

 

 

40.02