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Equity-Based Compensation (Tables)
3 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of the Company Restricted Stock Award Activity

A summary of the Company’s restricted stock award activity for the three month period ended December 31, 2021 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2021

 

 

802,000

 

 

$

14.31

 

Granted

 

 

 

 

 

 

Less: Redeemed

 

 

224,000

 

 

$

14.07

 

Less: Forfeited

 

 

21,000

 

 

$

14.41

 

Outstanding at December 31, 2021

 

 

557,000

 

 

$

14.40

 

Summary of the Company Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity for the three month period ended December 31, 2021 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2021

 

 

1,299,000

 

 

$

15.14

 

Granted

 

 

714,000

 

 

$

15.04

 

Vested

 

 

359,000

 

 

$

15.42

 

Forfeited

 

 

54,000

 

 

$

15.17

 

Outstanding at December 31, 2021

 

 

1,600,000

 

 

$

15.03

 

Summary of the Company Stock Option Activity

A summary of the Company’s stock option activity for the three month period ended December 31, 2021 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Exercise Price per Share

 

Outstanding at September 30, 2021

 

 

7,017,000

 

 

$

21.55

 

Granted

 

 

783,000

 

 

$

15.04

 

Exercised

 

 

1,000

 

 

$

13.49

 

Forfeited

 

 

97,000

 

 

$

17.60

 

Outstanding at December 31, 2021

 

 

7,702,000

 

 

$

19.05

 

Vested and exercisable at December 31, 2021

 

 

4,234,000

 

 

$

20.01

 

Expected to vest after December 31, 2021

 

 

3,468,000

 

 

$

17.87