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STOCK COMPENSATION PLAN (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Restricted Stock and RSU Activity
A summary of the restricted stock and RSU activity for each of 2022 and 2021 is presented in the following table:
Restricted Stock and RSUs (000's)Weighted Average Grant Date Fair Value Per Share
Outstanding at January 1, 20211,798.9 17.89
Granted(a)
1,782.2 10.72
Vested(b)
(519.0)18.61
Forfeited(a)
(519.6)16.15
Outstanding at December 31, 20212,542.5 13.07
Granted(a)
3,108.4 10.13
Vested(b)
(1,038.9)12.41
Forfeited(2,263.9)11.31
Outstanding at December 31, 20222,348.1 11.17

(a) The 2021 grants include 20,442 restricted stock awards and 1,761,779 RSUs, the latter granted pursuant to the Long-Term Incentive Program and the 2019 Transaction Incentive Program under the Stock Plan, as discussed below. The 2022 grants include 61,138 restricted stock awards and 3,047,238 RSUs, the latter granted pursuant to the Long-Term Incentive Program, as discussed below.
(b) Of the amounts that vested during 2022 and 2021, 431,209 and 218,757 shares, respectively, were withheld by the Company to satisfy certain grantees’ minimum withholding tax requirements, which withheld shares became Revlon treasury stock and are not sold on the open market. (See discussion under "Treasury Stock" in Note 15, "Stockholders' Deficiency").
During the year ended December 31, 2022, the activity related to time-based and performance-based RSUs previously granted to eligible employees and the grant date fair value per share related to these RSUs were as follows under the 2022 Incentive, LTIP and 2019 TIP programs, respectively:
Time-Based LTIPPerformance-Based LTIP
RSUs (000's)Weighted-Average Grant Date Fair Value per RSURSUs (000's)Weighted-Average Grant Date Fair Value per RSU
Outstanding as of December 31, 2021
2019 TIP RSUs (a)
74.6 $13.16 n/a$— 
LTIP RSUs:
20211,548.6 10.58 — — 
2020253.9 14.96 377.7 14.96 
201969.8 22.58 211.2 22.55 
Total LTIP RSUs1,872.3 588.9 
Total LTIP and TIP RSUs Outstanding as of December 31, 20211,946.9 588.9 
Granted
2022 Incentive Program3,047.2 10.24 — — 
Vested
2019 TIP RSUs Vested (a)(b)
(33.7)13.16 — — 
LTIP RSUs:
2021(751.8)10.59 — — 
2020(122.8)14.96 — — 
2019(66.6)22.55 (44.3)22.55 
Total LTIP RSUs Vested(941.2)(44.3)
Forfeited/Canceled
2019 TIP RSUs Forfeited/Canceled (a)
(6.2)13.16 — — 
2022 Incentive Program(1,718.2)10.24 — — 
LTIP RSUs:
2021(210.1)10.59 — — 
2020(31.8)14.96 (79.4)14.96 
2019(3.2)22.55 (166.9)22.55 
Total LTIP RSUs Forfeited/Canceled(245.1)(246.3)
Outstanding as of December 31, 2022
2022 Incentive Program1,329.0 10.24 — — 
2019 TIP RSUs34.7 13.16 n/a— 
LTIP RSUs:
2021586.7 10.57 — — 
202099.3 14.96 298.3 14.96 
2019— — — — 
Total LTIP RSUs686.0 298.3 
Total LTIP and TIP RSUs Outstanding as of December 31, 2022720.7 298.3 
(a) The 2019 TIP provides for RSU awards that are only time-based.
(b) There have been no accelerated vestitures for the year ended December 31, 2022 in connection with the LTIP RSUs and the 2019 TIP RSUs.