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Equity-Based Compensation Expense (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Equity-based compensation expense recognized in the Statements of Operations for the periods presented is as follows:


Equity-based compensation expense	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Equity-based compensation - Plan	$	7,607	$	13,673	$	33,388	$	48,228
Equity-based compensation - Plan (Plan of Arrangement Awards) (1)	2,688		10,772		14,680		11,086
Equity-based compensation - other	150		3,729		17,301		8,530
Total equity-based compensation expense	$	10,445	$	28,174	$	65,369	$	67,844

(1) In accordance with the Prior Plan of Arrangement (as defined in Note 13) with Canopy Growth, awards were granted in July 2019, and amortized based on the vesting schedule set forth herein.

Restricted Stock and Restricted Stock Unit, Activity

Restricted Share Units (“RSUs”)


	January 1, 2020 to September 22, 2020
Restricted Share Units (Fair value information expressed in whole dollars)	RSUs	Weighted Average Grant Date Fair Value
Unvested, beginning of period (1)	7,843	$	15.10
Granted	4,970	3.60
Forfeited	(2,654)	11.29
Vested	(2,998)	11.60
Unvested, September 22, 2020	7,161	$	9.99
Vested and unreleased	136	16.33
Exchange pursuant to Amended Arrangement	(7,297)	N/A
Outstanding, September 22, 2020	—	$	—


	September 23, 2020 to September 30, 2020
	Fixed Shares			Floating Shares
Restricted Share Units (Fair value information expressed in whole dollars)	RSUs	Weighted Average Grant Date Fair Value		RSUs	Weighted Average Grant Date Fair Value
Unvested, September 23, 2020 (1)	5,012	$	9.99	2,148	$	9.99
Granted	—	—		—	—
Forfeited	—	—		—	—
Vested	(2)	16.45		(1)	16.45
Unvested, end of period	5,010			2,147
Vested and unreleased	98	16.33		42	16.33
Outstanding, end of period	5,108	$	10.11	2,189	$	10.11

Option Activity

Stock options


	January 1, 2020 to September 22, 2020
Stock Options (Exercise price expressed in whole dollars)	Options	Weighted Average Exercise Price
Options outstanding, beginning of period	5,607	$	21.56
Granted	191	5.75
Forfeited	(1,301)	15.59
Exercised	—	—
Modification pursuant to Amended Arrangement	(4,497)	N/A
Options outstanding, September 22, 2020	—	$	—


	September 23, 2020 to September 30, 2020
	Fixed Shares			Floating Shares
Stock Options (Exercise price expressed in whole dollars)	Options	Weighted Average Exercise Price		Options	Weighted Average Exercise Price
Options outstanding, September 23, 2020	3,148	$	15.83	1,349	$	6.78
Granted	—	—		—	—
Forfeited	—	—		—	—
Exercised	—	—		—	—
Options outstanding, end of period	3,148	$	15.83	1,349	$	6.78

Options exercisable, end of period	1,686	$	17.02	723	$	7.30

Share-based payment arrangements, LLC profits interests

The following table summarizes the status of unvested Profits Interests for the nine months ended September 30, 2020:


	Nine Months Ended September 30, 2020
Profits Interests (Fair value information expressed in whole dollars)	Number of Units	Weighted Average Grant Date Fair Value
Unvested, beginning of period	1,000	$	0.43
Class C-1 units granted	—	—
Class C-1 units canceled	—	—
Class C-1 vested	(1,000)	0.43
Unvested, end of period	—	$	—