The following table summarizes the restricted stock activity in the first six months of 2022 and 2021 under the Omnibus Plan:

Six-Month Period Ended

June 30, 2022

June 30, 2021

Number of shares

Weighted-Average

Number of shares

Weighted-Average

of restricted

Grant Date

of restricted

Grant Date

stock

Fair Value

stock

Fair Value

Unvested shares outstanding at beginning of period

1,148,775

$

6.61

1,320,723

$

5.74

Granted (1)

301,440

13.15

293,621

11.26

Forfeited

(10,364)

8.82

(10,460)

6.10

Vested

(487,198)

5.72

(363,257)

7.98

Unvested shares outstanding at end of period

952,653

$

9.11

1,240,627

$

6.39

(1)

Includes for the six-month period ended June 30, 2022, 3,048 shares of restricted stock awarded to an independent director and 298,392 shares of restricted stock awarded to employees, of which 6,084 shares were granted to retirement-eligible employees and thus charged to earnings as of the grant date. Includes for the six-month period ended June 30, 2021, 3,552 shares of restricted stock awarded to an independent director and 290,069 shares of restricted stock awarded to employees, of which 19,271 shares were granted to retirement-eligible employees and thus charged to earnings as of the grant date.