Share-based compensation activity during year-to-date 2022 included the following:

SHARES IN THOUSANDS	GRANTED		VESTED
Restricted stock units (RSUs)		626		857
Performance share units (PSUs)		306		419

A total of 1.5 million shares of common stock were issued as a result of RSU vestings, PSU vestings and stock option exercises.

The weighted average fair value of the RSUs granted in 2022 was $41.94. The vesting provisions for RSUs granted in 2022 were consistent with prior year grants.

The weighted average grant date fair value of PSUs granted in 2022 was $49.77. The final number of shares granted in 2022 will vest between a range of 0 percent to 150 percent of each grant's target, depending upon actual company performance compared against an industry peer group. PSUs granted in 2022 will vest at a maximum of 100 percent of target value in the event of negative absolute company total shareholder return.

Weighted Average Assumptions Used in Estimating the Value of Performance Share Units Granted in 2022

		PERFORMANCE SHARE UNITS
Performance period		2/10/2022 – 12/31/2024
Valuation date average stock price⁽¹⁾		$42.16
Expected dividends		1.72%
Risk-free rate		0.34% – 1.84%
Expected volatility		26.27% – 41.01%