Restricted Stock Units

9 Months Ended

Sep. 30, 2021

Share-based Payment Arrangement [Abstract]

Restricted Stock Units

Restricted Stock Units

    Pursuant to its stock incentive plan, the Company may issue restricted stock units ("RSUs") to employees of the Company and its subsidiaries. The RSUs generally vest three to five years from the award date and are subject to other vesting and forfeiture provisions contained in the award agreement. RSUs are expensed pro-ratably over the vesting period. RSU expenses were $34 million and $35 million for the nine months ended September 30, 2021 and 2020 respectively. A summary of RSUs issued in the nine months ended September 30, 2021 and 2020 follows:

($ in thousands)	Units	Fair Value
2021	847,119	$	62,981
2020	953,519	$	59,683