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Share-Based Compensation Expense (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Unit Activity

The following tables summarizes the unit activity related to the RSUs and PRSUs during the Predecessor periods as follows:

 

 

 

 

 

 

Weighted

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average

 

 

 

 

 

Average

 

 

 

 

 

 

Grant Date

 

 

 

 

 

Grant Date

 

 

 

 

 

 

Fair Value

 

 

 

 

 

Fair Value

 

Predecessor

 

RSUs

 

 

Per Unit

 

 

PRSUs

 

 

Per Unit

 

Balance as of December 31, 2018

 

 

3,525

 

 

$

 

5,347

 

 

 

6,492

 

 

$

 

2,952

 

Granted

 

 

862

 

 

 

 

4,578

 

 

 

1,725

 

 

 

 

4,572

 

Vested

 

 

(1,123

)

 

 

 

6,581

 

 

 

 

 

 

 

 

Forfeited

 

 

(357

)

 

 

 

4,037

 

 

 

(654

)

 

 

 

2,626

 

Balance as of December 31, 2019

 

 

2,907

 

 

$

 

4,785

 

 

 

7,563

 

 

$

 

3,350

 

Granted

 

 

1,990

 

 

 

 

4,578

 

 

 

5,469

 

 

 

 

4,572

 

Vested

 

 

(944

)

 

 

 

5,374

 

 

 

 

 

 

 

 

Forfeited

 

 

(954

)

 

 

 

4,491

 

 

 

(3,809

)

 

 

 

3,513

 

Balance as of December 31, 2020

 

 

2,999

 

 

$

 

4,563

 

 

 

9,223

 

 

$

 

4,015

 

Granted

 

 

254

 

 

 

 

28,875

 

 

 

389

 

 

 

 

24,420

 

Vested

 

 

(517

)

 

 

 

5,459

 

 

 

 

 

 

 

 

Forfeited

 

 

(121

)

 

 

 

4,527

 

 

 

(567

)

 

 

 

2,626

 

Balance as of June 30, 2021

 

 

2,614

 

 

$

 

6,741

 

 

 

9,045

 

 

$

 

4,888

 

The following tables summarizes the unit activity related to the RSUs and PRSUs during the Successor six months ended December 31, 2021:

 

 

 

 

 

 

Weighted

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average

 

 

 

 

 

Average

 

 

 

 

 

 

Grant Date

 

 

 

 

 

Grant Date

 

 

 

 

 

 

Fair Value

 

 

 

 

 

Fair Value

 

Successor

 

RSUs(1)

 

 

Per Unit

 

 

PRSUs(1)

 

 

Per Unit

 

Balance as of July 1, 2021

 

 

854,764

 

 

$

 

9.91

 

 

 

7,816,743

 

 

$

 

9.56

 

Granted

 

 

9,475,330

 

 

 

 

12.60

 

 

 

9,107,424

 

 

 

 

12.63

 

Vested

 

 

(3,014,054

)

 

 

 

12.62

 

 

 

 

 

 

 

 

Forfeited

 

 

(167,624

)

 

 

 

12.64

 

 

 

(181,054

)

 

 

 

12.51

 

Balance as of December 31, 2021

 

 

7,148,416

 

 

$

 

12.27

 

 

 

16,743,113

 

 

$

 

11.20

 

 

(1)
These share totals include both unvested shares and restricted stock units.