Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.22.4
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Recognized Stock-based Compensation

The following table presents stock-based compensation expense by category:

Years Ended December 31, 

    

2022

    

2021

    

2020

Performance-based stock awards

$

16,444

$

63,556

$

Service-based stock awards

8,111

4,935

3,407

Total stock-based compensation

$

24,555

$

68,491

$

3,407

Schedule of Unvested Performance-based Restricted Common Stock Activity

The following table presents a summary of the Company’s performance-based awards activity:

Weighted Average

Grant-Date

    

Number of Shares

    

Fair Value

RSU Balance as of January 1, 2022

3,404,585

$

36.68

RSUs Granted

1,412,299

$

10.66

RSUs Vested

(577,507)

$

35.21

RSUs Forfeited

(406,439)

$

34.96

RSUs converted to RSAs

(3,832,938)

$

28.75

RSU Balance as of December 31, 2022

RSUs converted to RSAs

3,832,938

$

28.75

RSAs Granted

 

245,266

$

6.83

RSAs Vested

 

(151,702)

$

6.83

RSAs Forfeited

(7,567)

$

6.39

RSA Balance as of December 31, 2022

 

3,918,935

$

31.05