| Summary of Restricted Stock and Restricted Stock Unit, Activity |
A summary of the Group’s RSU activity under the 2019 Plan for the years ended December 31, 2023, 2024 and 2025 were as follows:
|
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|
|
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|
|
|
|
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|
Number of restricted
share units |
|
|
Weighted average grant
date fair value |
|
|
|
|
|
|
|
|
Outstanding as of December 31, 2022 |
|
|
35,995,906 |
|
|
|
59.72 |
|
|
|
|
15,177,322 |
|
|
|
39.31 |
|
Vested |
|
|
(11,276,824 |
) |
|
|
55.66 |
|
Forfeited |
|
|
(10,701,587 |
) |
|
|
51.52 |
|
|
|
|
|
|
|
|
|
|
Outstanding as of December 31, 2023 (i) |
|
|
29,194,817 |
|
|
|
54.42 |
|
|
|
|
|
|
|
|
|
|
Expected to vest as of December 31, 2023 (i) |
|
|
24,487,867 |
|
|
|
|
|
|
|
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| |
|
Number of restricted
share units |
|
|
Weighted average grant
date fair value |
|
| |
|
|
|
|
|
|
Outstanding as of December 31, 2023 |
|
|
29,194,817 |
|
|
|
54.42 |
|
|
|
|
17,812,098 |
|
|
|
31.01 |
|
Vested |
|
|
(9,466,806 |
) |
|
|
55.93 |
|
Forfeited |
|
|
(6,274,291 |
) |
|
|
60.27 |
|
|
|
|
|
|
|
|
|
|
Outstanding as of December 31, 2024 (i) |
|
|
31,265,818 |
|
|
|
40.07 |
|
|
|
|
|
|
|
|
|
|
Expected to vest as of December 31, 2024 (i) |
|
|
25,950,949 |
|
|
|
|
|
|
|
|
| |
|
Number of restricted
share units |
|
|
Weighted average grant
date fair value |
|
| |
|
|
|
|
|
|
Outstanding as of December 31, 2024 |
|
|
31,265,818 |
|
|
|
40.07 |
|
|
|
|
5,121,904 |
|
|
|
59.37 |
|
Vested |
|
|
(10,575,870 |
) |
|
|
48.59 |
|
Forfeited |
|
|
(4,133,306 |
) |
|
|
43.59 |
|
|
|
|
|
|
|
|
|
|
Outstanding as of December 31, 2025 (i) |
|
|
21,678,546 |
|
|
|
40.45 |
|
|
|
|
|
|
|
|
|
|
Expected to vest as of December 31, 2025 (i) |
|
|
18,454,254 |
|
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|