Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of represents activity and outstanding equity

Type

 

Vesting Conditions

 

Units Granted

 

 

Weighted Average Grant Date Fair Value

 

 

Weighted Average Strike Price

Restricted Stock Unit

 

Service-based

 

 

688,903

 

 

$

20.87

 

 

n/a

Performance Stock Unit

 

Service and performance-based

 

 

173,599

 

 

$

17.03

 

 

n/a

Performance Stock Unit

 

Service and market-based

 

 

300,000

 

 

$

9.73

 

 

n/a

Type

 

Vesting Conditions

 

Units Outstanding

 

 

Weighted Average Grant Date Fair Value

 

 

Weighted Average Strike Price

 

Restricted Stock Unit

 

Service-based

 

 

891,346

 

 

$

32.17

 

 

n/a

 

Performance Stock Unit

 

Service and performance-based

 

 

200,456

 

 

$

22.91

 

 

n/a

 

Performance Stock Unit

 

Service and market-based

 

 

323,894

 

 

$

11.45

 

 

n/a

 

Options

 

Service-based

 

 

904,162

 

 

$

20.78

 

 

$

25.78

 

Schedule of weighted average grant date fair value of options granted Assumptions used for the Monte Carlo simulation model were as follows:

 

 

Nine Months Ended

 

 

September 30, 2023

 

Expected Volatility

 

83

%

Expected Dividend

 

 

Expected Term in Years

 

3.00

 

Risk Free Interest Rate

 

4.72

%