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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Activity for Restricted Stock Awards

The following table provides a summary of activity with regard to restricted stock awards in the three months ended March 31, 2022:

 

 

 

For the Three Months Ended
March 31, 2022

 

 

 

Number of Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

Unvested at beginning of year

 

 

6,950,335

 

 

$

11.68

 

Granted

 

 

2,859,342

 

 

 

11.78

 

Vested

 

 

(2,150,196

)

 

 

12.29

 

Canceled

 

 

(44,519

)

 

 

11.53

 

Unvested at end of year

 

 

7,614,962

 

 

 

11.55

 

 

Summary of Activity for Performance-Based Restricted Stock Units

The following table provides a summary of activity with regard to Performance-Based Restricted Stock Units ("PSUs") in the three months ended March 31, 2022:

 

 

 

Number of
Shares

 

 

Performance
Period

 

Expected
Vesting
Dates

Outstanding at beginning of year

 

 

834,612

 

 

 

 

 

Granted

 

 

 

 

 

 

 

Released

 

 

(176,090

)

 

 

 

 

Canceled

 

 

(58,696

)

 

 

 

 

Outstanding at end of period

 

 

599,826

 

 

January 1, 2021 - December 31, 2023

 

March 31, 2023 and 2024