| Summary of Activity Related to RSUs, RSAs and PSUs |
A summary of activity and weighted average fair values related to the RSUs is as follows:
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|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2023 |
|
Shares |
|
Weighted Average Grant Date Fair Value (per share) |
Outstanding at December 31, 2022 |
1,538,759 |
|
|
$ |
6.65 |
|
| Granted |
3,014,658 |
|
|
2.56 |
|
| Vested |
(1,205,687) |
|
|
6.29 |
|
| Forfeited |
(361,178) |
|
|
3.99 |
|
Outstanding and nonvested at September 30, 2023 |
2,986,552 |
|
|
$ |
3.02 |
|
A summary of activity and weighted average fair values related to the RSAs is as follows:
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|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2023 |
|
Shares |
|
Weighted Average Grant Date Fair Value (per share) |
Outstanding at December 31, 2022 |
131,470 |
|
|
$ |
8.75 |
|
| Granted |
141,280 |
|
|
4.07 |
|
| Vested |
(14,862) |
|
|
8.75 |
|
|
|
|
|
Outstanding and nonvested at September 30, 2023 |
257,888 |
|
|
$ |
6.18 |
|
A summary of activity and weighted average fair values related to the PSUs is as follows:
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|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2023 |
|
Shares |
|
Weighted Average Grant Date Fair Value (per share) |
Outstanding at December 31, 2022 |
631,377 |
|
|
$ |
8.49 |
|
| Granted |
1,934,388 |
|
|
2.20 |
|
|
|
|
|
| Forfeited |
(209,885) |
|
|
4.73 |
|
Outstanding and nonvested at September 30, 2023 |
2,355,880 |
|
|
$ |
3.66 |
|
|
| Schedule of Unrecognized Compensation Cost on Nonvested Awards |
As of September 30, 2023, the Company had not yet recognized compensation costs on nonvested awards as follows (in thousands):
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|
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|
|
|
|
|
|
Unrecognized Compensation Cost |
|
Weighted Avg. Remaining Recognition Period (in years) |
| Nonvested awards |
$ |
9,976 |
|
|
1.33 |
|