Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.0.1
STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Activity Related to RSUs and RSAs
A summary of activity and weighted average fair values related to the RSUs is as follows:
Shares Weighted Average Grant Date
Fair Value (per share) 		Weighted Average
Remaining
Contractual Term
(in years)
Outstanding at December 31, 2020 633,057  $ 8.34  0.88
Granted 576,687  13.48 
Vested (582,503) 8.34 
Forfeited (142,497) 11.70 
Outstanding and nonvested at December 31, 2021 484,744  $ 13.46  1.02
A summary of activity and weighted average fair values related to the RSAs is as follows:
Shares Weighted Average Grant Date
Fair Value (per share) 		Weighted Average
Remaining
Contractual Term
(in years)
Outstanding at December 31, 2020 68,946  $ 8.34  1.33
Granted 48,855  11.77 
Outstanding and nonvested at December 31, 2021 117,801  $ 9.76  0.98
The weighted average grant date fair value per share of RSAs granted during the year was $11.77 in 2021 and $8.34 for the period from June 26, 2020 through December 31, 2020.
A summary of activity and weighted average fair values related to the PSUs is as follows:
Shares Weighted Average Grant Date
Fair Value (per share) 		Weighted Average
Remaining
Contractual Term
(in years)
Outstanding at December 31, 2020 —  $ —  — 
Granted 323,555  13.65 
Forfeited (41,414) 13.65 
Outstanding and nonvested at December 31, 2021 282,141  $ 13.65  2.21
Schedule of Unrecognized Compensation Cost on Nonvested Awards
As of December 31, 2021, the Company had not yet recognized compensation cost on nonvested awards as follows (in thousands):
Unrecognized
Compensation Cost		 Weighted Avg.
Remaining
Recognition Period
(in years)
Nonvested awards $ 7,694  1.4