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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Summary of Stock Option Activity

A summary of the stock option activity is as follows:

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

 

Average

 

 

Remaining

 

Aggregate

 

 

 

 

 

 

Exercise

 

 

Contractual

 

Intrinsic

 

(in thousands, except per share amounts and term information)

 

Shares

 

 

Price

 

 

Term

 

Value

 

Outstanding at December 31, 2021

 

 

13,568

 

 

$

7.55

 

 

7.3 years

 

$

341,929

 

Granted

 

 

1,163

 

 

 

17.17

 

 

 

 

 

 

Exercised

 

 

(749

)

 

 

4.94

 

 

 

 

 

 

Expired / Cancelled / Forfeited

 

 

(281

)

 

 

16.80

 

 

 

 

 

 

Outstanding at March 31, 2022

 

 

13,701

 

 

$

8.32

 

 

7.0 years

 

$

165,307

 

Granted

 

 

3,782

 

 

 

6.69

 

 

 

 

 

 

Exercised

 

 

(1,176

)

 

 

3.49

 

 

 

 

 

 

Expired / Cancelled / Forfeited

 

 

(386

)

 

 

9.47

 

 

 

 

 

 

Outstanding at June 30, 2022

 

 

15,921

 

 

$

8.26

 

 

7.9 years

 

$

8,326

 

Exercisable at June 30, 2022

 

 

6,849

 

 

$

6.31

 

 

6.5 years

 

$

8,318

 

Summary of Restricted Stock Activity

A summary of the Restricted Stock Awards and Restricted Stock Units (“RSUs”) activity is as follows:

 

 

 

Restricted

 

 

Restricted
Stock Units
for Class A

 

 

Restricted
Stock Units
for Class B

 

 

Weighted
Average

 

 

 

Stock

 

 

Common

 

 

Common

 

 

Grant Date

 

(in thousands, except per share amounts)

 

Awards

 

 

Stock

 

 

Stock

 

 

Fair Value

 

Nonvested restricted stock awards or restricted
   stock units at December 31, 2021

 

 

939

 

 

 

4,431

 

 

 

5,645

 

 

$

29.64

 

Granted

 

 

 

 

 

2,283

 

 

 

 

 

 

17.88

 

Vested

 

 

 

 

 

(309

)

 

 

(513

)

 

 

31.83

 

Forfeited

 

 

 

 

 

(201

)

 

 

 

 

 

38.32

 

Nonvested restricted stock awards or restricted
   stock units at March 31, 2022

 

 

939

 

 

 

6,204

 

 

 

5,132

 

 

$

27.15

 

Granted

 

 

 

 

 

8,256

 

 

 

 

 

 

6.80

 

Vested

 

 

(470

)

 

 

(546

)

 

 

(513

)

 

 

22.24

 

Forfeited

 

 

 

 

 

(472

)

 

 

 

 

 

22.91

 

Nonvested restricted stock awards or restricted
   stock units at June 30, 2022

 

 

469

 

 

 

13,442

 

 

 

4,619

 

 

$

18.60