Capital Stock (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Unamortized Value of Restricted Stock

The unamortized value of $1.2 million at December 31, 2014, if all are ultimately vested will be amortized according to the following schedule.

Amortization Schedule (in thousands)
1st quarter 2015	$	201
2nd quarter 2015		162
3rd quarter 2015		162
4th quarter 2015		162
1st quarter 2016		154
2nd quarter 2016		107
3rd quarter 2016		107
4th quarter 2016		107
1st quarter 2017		70
Total unamortized value	$	1,232

Summary of Company's Restricted Share Award Activity

A summary of WMIHC’s restricted share award activity for the years ended December 2014, December 31, 2013 and December 31, 2012 is presented below.

	Number of restricted stock awards outstanding		Weighted-average grant date fair value		Aggregate intrinsic value (in thousands)
Outstanding—January 1, 2012		—	$	—	$	—
Restricted stock awards granted during 2012		1,156,078		0.4761	550
Restricted stock awards released or forfeited during 2012		—		—		—
Outstanding—December 31, 2012		1,156,078		0.4761		550
Restricted stock awards granted during 2013		686,273		1.0200	700
Restricted stock awards released or forfeited during 2013		—		—		—
Outstanding—December 31, 2013		1,842,351		0.6787		1,250
Restricted stock awards granted during 2014		500,894	2.6602			1,332
Restricted stock awards released or forfeited during 2014		—		—		—
Outstanding—December 31, 2014		2,343,245	$	1.1023	$	2,582

Schedule of Vesting Shares Subject to Repurchase

The shares subject to repurchase at December 31, 2014 will vest according to the following schedule:

Vesting schedule of shares subject to repurchase
1st quarter 2015			781,080
2nd quarter 2015			—
3rd quarter 2015			—
4th quarter 2015			—
1st quarter 2016			395,716
2nd quarter 2016			—
3rd quarter 2016			—
4th quarter 2016			—
1st quarter 2017			166,968
Total			1,343,764

Summary of Company's Restricted Shares Issued and Subject to Repurchase

A summary of WMIHC’s restricted shares issued and subject to repurchase as of the years ended December 31, 2014, December 31, 2013 and December 31, 2012 is presented below.

Shares subject to repurchase—January 1, 2012	—
Shares issued subject to vesting during 2012	1,156,078
Unvested shares repurchased during 2012	—
Shares vested during 2012	—
Shares subject to repurchase—December 31, 2012	1,156,078
Shares issued subject to vesting during 2013	686,273
Unvested shares repurchased during 2013	—
Shares vested during 2013	(385,364	)
Unvested shares—December 31, 2013	1,456,987
Shares issued subject to vesting during 2014	500,894
Unvested shares repurchased during 2014	—
Shares vested during 2014	(614,117	)
Unvested shares—December 31, 2014	1,343,764