General form of registration statement for all companies including face-amount certificate companies

Stock-Based Compensation (Tables)

v3.22.1
Stock-Based Compensation (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]    
Schedule of weighted average grant date fair value of options granted  
 

Twelve Months Ended
December 31,

   

2021

 

2020

Expected Volatility

 

65

%

 

65

%

Expected Dividend

 

 

 

 

Expected Term in Years

 

6.08

 

 

6.08

 

Expected Forfeitures

 

%

 

%

Risk Free Interest Rate

 

0.59

% – 0.67%

 

0.34

% – 1.47%

Schedule of represents activity within the 2021 Plan

Type

 

Vesting Conditions

 

Units
Granted

 

Weighted Average Grant Date Fair Value

 

Weighted Average
Strike Price

Restricted Stock Unit

 

Service-based

 

10,990,884

 

$

2.42

 

 

n/a

Performance Stock Unit

 

Service and performance-based

 

2,492,919

 

$

2.69

 

 

n/a

Performance Stock Unit

 

Service and market-based

 

9,303,278

 

$

0.92

 

 

n/a

Options

 

Service-based

 

822,631

 

$

2.07

 

$

1.14

 

Number
of Shares

 

Weighted
Average
Exercise
Price Per
Share

 

Weighted
Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic
Value

Options outstanding at December 31, 2020

 

35,453,516

 

 

$

0.38

 

8.1 Years

 

$

266,548

 

Options granted

 

6,524,723

 

 

 

2.57

     

 

 

 

Options exercised

 

(2,062,803

)

 

 

0.34

     

$

(13,268

)

Options forfeited

 

(539,915

)

 

 

0.93

     

 

 

 

Options expired

 

(1,916,974

)

 

 

0.20

     

 

 

 

Options outstanding at December 31, 2021

 

37,458,547

 

 

$

0.80

 

7.6 Years

 

$

121,108

 

Exercisable at December 31, 2021

 

17,764,012

 

 

 

0.36

 

6.8 Years

 

$

65,265

 

Unvested at December 31, 2021

 

19,694,535

 

 

$

1.19