A summary of time-vesting RSU and restricted stock award activity under the Successor Equity Incentive Plan as of December 31, 2023 and changes during the year then ended is as follows:


	Number of Awards			Weighted -Average Grant Date Fair Value Per Share
Nonvested awards at January 1, 2023		1,945,138		$	8.20
Granted		692,236		$	11.34
Vested		(854,293	)	$	8.31
Forfeited		(98,460	)	$	8.31
Nonvested awards at December 31, 2023		1,684,621		$	6.81

A summary of performance-vesting RSU activity under the Equity Incentive Plan as of December 31, 2023 and changes during the year then ended is as follows:


	Number of Awards			Weighted -Average Grant Date Fair Value Per Share
Nonvested awards at January 1, 2023		1,521,297		$	7.42
Granted		431,241		$	13.99
Vested		(419,736	)	$	8.75
Forfeited		(24,453	)	$	8.75
Nonvested awards at December 31, 2023		1,508,349		$	4.62

Weighted Average Assumptions Used in Estimating Fair Value of Restricted Stock

The performance-vesting restricted stock awards granted during the Successor years ended December 31, 2023 and 2022 were valued using a Monte Carlo simulation assuming a Geometric Brownian Motion in a risk-neutral framework and using the following assumptions:


	Awards granted
	2023			2022
Expected life of awards (in years)		3			3
Expected volatility		70.50	%		75.00	%
Risk-free interest rate		3.70	%		2.71	%