STOCK INCENTIVE PLANS (Tables)

3 Months Ended

Mar. 31, 2020

The following table summarizes the activity relating to restricted stock units during the periods indicated:

TABLE 13.1



	Three Months Ended March 31,
	2020				2019
	Units		Weighted Average Grant Price per Share		Units		Weighted Average Grant Price per Share
Unvested units outstanding at beginning of period	2,858,357		$	12.56	2,556,174		$	13.51
Granted	1,988,225		6.95		—		—
Vested	(1,717	)	14.15		(295,616	)	13.28
Forfeited/expired	(11,362	)	12.85		(10,442	)	13.66
Dividend reinvestment	39,865		8.57		22,701		11.91
Unvested units outstanding at end of period	4,873,368		10.23		2,272,817		13.52

The following table provides certain information related to restricted stock units:

TABLE 13.2



(in millions)	Three Months Ended March 31,
	2020		2019
Stock-based compensation expense	$	8	$	2
Tax benefit related to stock-based compensation expense	2		—
Fair value of units vested	—		3

The components of the restricted stock units as of March 31, 2020 are as follows:

TABLE 13.3



(dollars in millions)	Service- Based Units		Performance- Based Units		Total
Unvested restricted stock units	3,352,088		1,521,280		4,873,368
Unrecognized compensation expense	$	15	$	4	$	19
Intrinsic value	$	25	$	11	$	36
Weighted average remaining life (in years)	2.22		1.72		2.06