Share-based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Summary of restricted stock or restricted stock unit activity

Table 15.1 summarizes restricted stock or restricted stock unit (collectively called “restricted stock”) activity during 2021.

Restricted stock
Table	15.1
		Weighted Average Grant Date Fair Market Value		Shares
Restricted stock outstanding at December 31, 2020		$	13.57	4,139,243
Granted (1)		12.83		1,370,542
Vested		14.97		(1,330,129)
Forfeited		13.87		(33,568)
Restricted stock outstanding at December 31, 2021		$	12.88	4,146,088

(1) Approximately 71% of the shares granted in 2021 are subject to performance conditions under which the target number of shares granted may vest up to 200%.