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Share-based Compensation (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Restricted Stock Award Transactions
The Corporation's restricted stock award transactions were as follows:
 
Number of Awards
 
Weighted-Average Grant Date Fair Value Per Award
Outstanding at December 31, 2019
888,305

 
$
40.67

Granted
54,040

 
25.91

Forfeited/canceled
(4,786
)
 
39.62

Vested
(357,810
)
 
41.14

Outstanding at June 30, 2020
579,749

 
$
38.71



A summary of the activity for RSUs at and for the six months ended June 30, 2020 is presented below:
 
Number of Units
 
Weighted-average Grant Date Fair Value Per Unit
Outstanding at December 31, 2019
1,511,820

 
$
44.49

Granted
1,430,459

 
24.93

Forfeited/canceled
(7,082
)
 
50.60

Vested
(331,065
)
 
46.10

Outstanding at June 30, 2020
2,604,132

 
$
33.52


Schedule of Total Expense for Restricted Stock Awards
The following table provides information regarding total expense for restricted stock awards:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands)
2020
 
2019
 
2020
 
2019
Restricted stock expense related to employees(1)
$
5,670

 
$

 
$
10,394

 
$

Restricted stock expense related to directors(2)
214

 

 
214

 

Total restricted stock expense
$
5,884

 
$

 
$
10,608

 
$

(1) 
Included in "Compensation and employee benefits" in the Consolidated Statements of Income.
(2) 
Included in "Other noninterest expense" in the Consolidated Statements of Income.
Stock Option Activity
A summary of activity for the Corporation's stock options at and for the six months ended June 30, 2020 is presented below:
 
Non-Vested Stock Options Outstanding
 
Stock Options Outstanding
 
Number of Options
 
Weighted-average Exercise Price
 
Number of Options
 
Weighted-average
Exercise Price
Outstanding at December 31, 2019
120,809

 
$
39.63

 
495,165

 
$
29.48

Exercised

 

 
(82,276
)
 
22.03

Forfeited/canceled
(3,173
)
 
39.00

 

 

Expired

 

 
(36,202
)
 
34.27

Vested
(55,568
)
 
38.25

 
55,568

 
38.25

Outstanding at June 30, 2020
62,068

 
$
40.89

 
432,255

 
$
31.63

Exercisable/vested at June 30, 2020
 
 
 
 
432,255

 
$
31.63