Stock-Based Compensation

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation

7. Stock-Based Compensation

A summary of the Company’s Restricted Stock Unit (“RSU”) activity during the nine months ended September 30, 2022 is as follows:

	Number of Shares
Unvested Outstanding at January 1, 2022		2,039,254
Granted		507,228
Forfeited		(47,687	)
Vested		(97,551	)
Unvested Outstanding at September 30, 2022		2,401,244

The Company issued a total of 496,814 shares during the nine months ended September 30, 2022 in net settlement of RSUs which included an aggregate of 442,817 shares in settlement of RSUs that vested during the prior year on December 31, 2021.