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Equity-Based Compensation (Tables)
6 Months Ended
Mar. 31, 2022
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 six month period ended March 31, 2022 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

 

 

229,000

 

 

$

14.08

 

Less: Forfeited

 

 

23,000

 

 

$

14.39

 

Outstanding at March 31, 2022

 

 

550,000

 

 

$

14.40

 

Summary of the Company Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity for the six month period ended March 31, 2022 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2021

 

 

1,299,000

 

 

$

15.14

 

Granted

 

 

759,000

 

 

$

14.94

 

Vested

 

 

394,000

 

 

$

15.48

 

Forfeited

 

 

103,000

 

 

$

15.02

 

Outstanding at March 31, 2022

 

 

1,561,000

 

 

$

15.03

 

Summary of the Company Stock Option Activity

A summary of the Company’s stock option activity for the six month period ended March 31, 2022 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

 

 

122,000

 

 

$

17.55

 

Outstanding at March 31, 2022

 

 

7,677,000

 

 

$

19.05

 

Vested and exercisable at March 31, 2022

 

 

4,220,000

 

 

$

20.03

 

Expected to vest after March 31, 2022

 

 

3,457,000

 

 

$

17.86