XML 68 R58.htm IDEA: XBRL DOCUMENT v3.23.3
Employee Benefits Plans and Share-Based Compensation - Schedule of Restricted Stock and Performance Share Units Activity (Details)
9 Months Ended
Sep. 30, 2023
$ / shares
shares
Restricted Stock Units  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Unvested beginning of the period | shares 3,215,504
Granted | shares 1,153,580
Vested | shares (1,644,828)
Forfeited | shares (277,400)
Unvested end of the period | shares 2,446,856 [1]
Unvested weighted average grant date fair value, beginning of the period | $ / shares $ 12.79
Unvested weighted average grant date fair value, granted | $ / shares 16.24
Unvested weighted average grant date fair value, vested | $ / shares 12.06
Unvested weighted average grant date fair value, forfeited | $ / shares 14.07
Unvested weighted average grant date fair value, end of the period | $ / shares $ 14.77 [1]
Performance Share Units  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Unvested beginning of the period | shares 638,601
Granted | shares 593,472 [2]
Forfeited | shares (147,286)
Unvested end of the period | shares 1,084,787
Unvested weighted average grant date fair value, beginning of the period | $ / shares $ 23.66
Unvested weighted average grant date fair value, granted | $ / shares 18.78 [2]
Unvested weighted average grant date fair value, forfeited | $ / shares 21.47
Unvested weighted average grant date fair value, end of the period | $ / shares $ 21.29
[1] As of September 30, 2023, 26,975 of the unvested RSUs were accounted for as liability awards in “Accrued liabilities” on the Condensed Consolidated Balance Sheets.
[2] There were 296,736 PSUs granted that are eligible to vest based on continued employment and the Company’s annualized absolute total shareholder return (“TSR”) over a three-year performance period. An additional 296,736 PSUs were granted and are eligible to vest based on continued employment and the Company’s return on the wells included in the 2023 drill program over a three-year performance period.