Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Options Activity A summary of the stock option activity for the three months ended March 31, 2023 is presented below (in thousands, except for weighted average price):
Number of Shares Weighted
Average
Exercise
Price
Outstanding at January 1, 2023 488  $ 14.00 
Granted —  $ — 
Exercised —  $ — 
Forfeited —  $ — 
Expired (126) $ 14.00 
Outstanding at March 31, 2023 362  $ 14.00 
Exercisable at March 31, 2023 362  $ 14.00 
Summary of RSUs Activity
The following table summarizes RSUs activity during the three months ended March 31, 2023 (in thousands, except for fair value):
Number of
Shares
Weighted
Average
Grant Date
Fair Value
Outstanding at January 1, 2023 1,268  $ 10.91 
Granted 915  $ 9.75 
Vested (434) $ 10.41 
Forfeited (5) $ 10.90 
Canceled —  $ — 
Outstanding at March 31, 2023 1,743  $ 10.43 
Summary of Performance Shares Activity
The following table summarizes information about PSUs activity during the three months ended March 31, 2023 (in thousands, except for weighted average fair value):
Period
Granted
Target Shares Outstanding at January 1, 2023 Target
Shares
Granted
Target Shares Vested Target
Shares
Forfeited
Target Shares Outstanding at March 31, 2023
2020 809  —  (493) (315) — 
2021 632  —  —  —  632 
2022 316  —  —  —  316 
2023 —  455  —  —  455 
Total 1,757  455  (493) (315) 1,403 
Weighted Average FV Per Share $ 12.72  $ 14.40  $ 8.30  $ 8.30  $ 15.81