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Equity-Based Compensation (Tables)
9 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Award Activity

A summary of the Company’s restricted stock award activity for the nine month period ended June 30, 2023 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2022

 

 

541,000

 

 

$

14.40

 

Less: Redeemed

 

 

136,000

 

 

$

13.63

 

Less: Forfeited

 

 

184,000

 

 

$

14.66

 

Outstanding at June 30, 2023

 

 

221,000

 

 

$

14.66

 

Schedule of Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity for the nine month period ended June 30, 2023 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2022

 

 

2,285,000

 

 

$

12.73

 

Granted

 

 

2,427,000

 

 

$

7.30

 

Less: Vested

 

 

523,000

 

 

$

14.73

 

Less: Forfeited

 

 

644,000

 

 

$

10.21

 

Outstanding at June 30, 2023

 

 

3,545,000

 

 

$

9.18

 

Summary of Stock Options Activity

A summary of the Company’s stock option activity for the nine month period ended June 30, 2023 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Exercise Price per Share

 

Outstanding at September 30, 2022

 

 

7,489,000

 

 

$

19.07

 

Less: Forfeited

 

 

1,212,000

 

 

$

19.01

 

Outstanding at June 30, 2023

 

 

6,277,000

 

 

$

19.08

 

Vested and exercisable at June 30, 2023

 

 

4,928,000

 

 

$

19.23

 

Expected to vest after June 30, 2023

 

 

1,349,000

 

 

$

18.55

 

Summary of Company's Performance Stock Unit Activity

A summary of the Company’s performance stock unit activity for the nine month period ended June 30, 2023 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2022

 

 

403,000

 

 

$

12.41

 

Granted

 

 

838,000

 

 

$

7.48

 

Less: Forfeited

 

 

716,000

 

 

$

10.25

 

Outstanding at June 30, 2023

 

 

525,000

 

 

$

7.48