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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of RSU, PSU and Option Activity

The following tables summarize the RSU, PSU and option activity for the year ended December 31, 2022 and 2021:

 

 

 

Equity Incentive Awards

 

 

 

Restricted
Stock Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Performance
Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Options

 

 

Weighted
Average
Exercise
Price

 

Balance at January 1, 2022

 

 

966,429

 

 

$

4.62

 

 

 

2,484,581

 

 

$

6.67

 

 

 

9,000

 

 

$

16.76

 

Granted

 

 

515,491

 

 

 

3.93

 

 

 

667,345

 

 

 

5.33

 

 

 

 

 

 

 

Settled

 

 

(580,551

)

 

 

4.73

 

 

 

(719,659

)

 

 

6.68

 

 

 

 

 

 

 

Forfeited or expired

 

 

(4,570

)

 

 

3.77

 

 

 

(109,166

)

 

 

7.24

 

 

 

(9,000

)

 

 

16.76

 

Balance at December 31, 2022

 

 

896,799

 

 

$

4.16

 

 

 

2,323,101

 

 

$

6.26

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards estimated to vest in the future

 

 

896,799

 

 

$

4.16

 

 

 

2,323,101

 

 

$

6.26

 

 

 

 

 

$

 

 

Table of Contents

 

 

Equity Incentive Awards

 

 

 

Restricted
Stock Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Performance
Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Options

 

 

Weighted
Average
Exercise
Price

 

Balance at January 1, 2021

 

 

1,213,667

 

 

$

3.59

 

 

 

2,176,290

 

 

$

4.88

 

 

 

24,000

 

 

$

20.39

 

Granted

 

 

411,291

 

 

 

5.94

 

 

 

653,438

 

 

 

8.41

 

 

 

 

 

 

 

Settled

 

 

(626,004

)

 

 

3.30

 

 

 

(193,778

)

 

 

5.45

 

 

 

 

 

 

 

Forfeited or expired

 

 

(32,525

)

 

 

8.13

 

 

 

(151,369

)

 

 

12.61

 

 

 

(15,000

)

 

 

22.57

 

Balance at December 31, 2021

 

 

966,429

 

 

$

4.62

 

 

 

2,484,581

 

 

$

6.67

 

 

 

9,000

 

 

$

16.76

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards estimated to vest in the future

 

 

939,298

 

 

$

4.67

 

 

 

1,997,713

 

 

$

6.86

 

 

 

9,000

 

 

$

16.76