| Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity |
Unvested restricted stock units ("RSU") activity granted by the Board to employees are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
|
Weighted Average Grant Date Fair Value per Share |
|
Unvested, January 1, 2023 |
|
|
1,796,115 |
|
|
$ |
4.23 |
|
Granted |
|
|
1,316,120 |
|
|
$ |
5.05 |
|
Canceled |
|
|
(336,060 |
) |
|
$ |
4.90 |
|
Vested |
|
|
(918,927 |
) |
|
$ |
5.05 |
|
Unvested, December 31, 2023 |
|
|
1,857,248 |
|
|
$ |
4.28 |
|
Granted |
|
|
1,538,407 |
|
|
$ |
5.17 |
|
Canceled |
|
|
(130,450 |
) |
|
$ |
5.00 |
|
Vested |
|
|
(908,132 |
) |
|
$ |
4.45 |
|
Unvested, December 31, 2024 |
|
|
2,357,073 |
|
|
$ |
4.76 |
|
Granted |
|
|
2,052,542 |
|
|
$ |
5.86 |
|
Canceled |
|
|
(245,736 |
) |
|
$ |
5.29 |
|
Vested |
|
|
(1,150,382 |
) |
|
$ |
4.75 |
|
Unvested, December 31, 2025 |
|
|
3,013,497 |
|
|
$ |
5.47 |
|
|
| Share-Based Payment Arrangement, Performance Shares, Activity |
Unvested PSUs activity granted by the Board to eligible employees are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
|
Weighted Average Grant Date Fair Value per Share |
|
Unvested, January 1, 2023 |
|
|
599,858 |
|
|
$ |
5.54 |
|
Granted |
|
|
336,096 |
|
|
$ |
3.54 |
|
Canceled |
|
|
(109,727 |
) |
|
$ |
5.30 |
|
Vested (1) |
|
|
(205,425 |
) |
|
$ |
8.17 |
|
Unvested, December 31, 2023 |
|
|
620,802 |
|
|
$ |
3.63 |
|
Granted |
|
|
542,770 |
|
|
$ |
3.32 |
|
Forfeited (2) |
|
|
(290,950 |
) |
|
$ |
3.78 |
|
Unvested, December 31, 2024 |
|
|
872,622 |
|
|
$ |
3.39 |
|
Granted |
|
|
840,205 |
|
|
$ |
0.06 |
|
Vested (1) |
|
|
(354,861 |
) |
|
$ |
3.32 |
|
Cancelled |
|
|
(62,223 |
) |
|
$ |
1.22 |
|
Unvested, December 31, 2025 |
|
|
1,295,743 |
|
|
$ |
1.34 |
|
(1) Vested on December 31 and distributed in February of the following year
|