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Share-based Compensation (Tables)
 9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Restricted Stock Award Transactions
A summary of the activity for RSUs at and for the nine months ended September 30, 2020 is presented below:
 
Number of Units
 
Weighted-average Grant Date Fair Value Per Unit
Outstanding at December 31, 2019
1,511,820

 
$
44.49

Granted
1,465,165

 
24.59

Forfeited/canceled
(45,388
)
 
28.93

Vested
(601,651
)
 
43.99

Outstanding at September 30, 2020
2,329,946

 
$
32.41


The Corporation's restricted stock award transactions were as follows:
 
Number of Awards
 
Weighted-Average Grant Date Fair Value Per Award
Outstanding at December 31, 2019
888,305

 
$
40.67

Granted
54,040

 
25.91

Forfeited/canceled
(7,959
)
 
39.91

Vested
(379,485
)
 
41.11

Outstanding at September 30, 2020
554,901

 
$
38.63
Schedule of Total Expense for Restricted Stock Awards
The following table provides information regarding total expense for restricted stock awards:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
2020
 
2019
 
2020
 
2019
Restricted stock expense related to employees(1)
$
7,600

 
$
4,779

 
$
17,995

 
$
9,455

Restricted stock expense related to directors(2)
352

 
391

 
566

 
709

Total restricted stock expense
$
7,952

 
$
5,170

 
$
18,561

 
$
10,164

(1) 
Included in "Compensation and employee benefits" in the Consolidated Statements of Income.
(2) 
Included in "Other noninterest expense" in the Consolidated Statements of Income.
Stock Option Activity
A summary of activity for the Corporation's stock options at and for the nine months ended September 30, 2020 is presented below:
 
Non-Vested Stock Options Outstanding
 
Stock Options Outstanding
 
Number of Options
 
Weighted-average Exercise Price
 
Number of Options
 
Weighted-average
Exercise Price
Outstanding at December 31, 2019
120,809

 
$
39.63

 
495,165

 
$
29.48

Exercised
—

 
—

 
(82,276
)
 
22.03

Forfeited/canceled
(3,659
)
 
38.18

 
—

 
—

Expired
—

 
—

 
(74,626
)
 
38.89

Vested
(57,262
)
 
38.38

 
57,262

 
38.38

Outstanding at September 30, 2020
59,888

 
$
40.92

 
395,525

 
$
30.55

Exercisable/vested at September 30, 2020
 
 
 
 
395,525

 
$
30.55