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Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summarized Information Related to Restricted Stock and Restricted Units
The following table summarizes information related to restricted stock held by the Company’s employees and directors for the periods presented:
 
Shares
 
Weighted Average
Grant Date
Fair Value per Share
Non-vested shares outstanding December 31, 2017
3,741,898

 
$
10.78

Granted
3,546,280

 
10.20

Vested
(1,826,855
)
 
9.71

Forfeited
(324,767
)
 
10.03

Non-vested shares outstanding December 31, 2018
5,136,556

 
$
10.81

Summarized Information Related to Performance Share Units
The following table summarizes information related to PSUs held by the Company’s officers for the periods presented:
 
Units
 
Weighted Average
Grant Date
Fair Value per Unit
Non-vested PSUs at December 31, 2017
1,872,710

 
$
11.10

Granted
854,400

 
12.71

Vested
(564,068
)
 
7.01

Forfeited
(130,830
)
 
41.71

Non-vested PSUs at December 31, 2018
2,032,212

 
$
10.94

Summary of Assumptions
The following assumptions were used for the Monte Carlo model to determine the grant date fair value and associated equity-based compensation expense of the PSUs granted during the periods presented:
 
2018
 
2017
 
2016
Forecast period (years)
2 - 4

 
2 - 4

 
4

Risk-free interest rate
2.08% - 2.31%

 
1.18% - 1.66%

 
1.25
%
Oasis stock price volatility
72.88
%
 
17.16
%
 
59.38
%
Summarized Information Related to Phantom Units
The following table summarizes information related to OMP Phantom Unit Awards held by certain employees of Oasis for the periods presented:
 
Phantom Units
 
Weighted Average Grant Date Fair Value per Unit
Non-vested units outstanding December 31, 2017
99,100

 
$
16.40

Granted
87,480

 
23.91

Vested
(29,254
)
 
16.40

Forfeited
(14,237
)
 
17.86

Non-vested units outstanding December 31, 2018
143,089

 
$
20.85

Summarized Information Related to Restricted Units
The following table summarizes information related to restricted units held by certain directors of OMP for the periods presented:
 
Restricted Units
 
Weighted Average Grant Date Fair Value per Unit
Non-vested units outstanding December 31, 2017
11,766

 
$
17.00

Granted
17,260

 
17.55

Vested
(11,766
)
 
17.00

Forfeited

 

Non-vested units outstanding December 31, 2018
17,260

 
$
17.55