Quarterly report pursuant to Section 13 or 15(d)

Equity Incentive Plans (Tables)

v3.23.1
Equity Incentive Plans (Tables)
3 Months Ended
Mar. 31, 2023
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of unvested restricted stock equity The activities for the Company's unvested restricted stock equity awards for each of the three months ended March 31, 2023, and 2022, are summarized below:

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

 

Shares

 

Weighted Average Grant Date
Fair Value per Share

 

 

Shares

 

Weighted Average Grant Date
Fair Value per Share

 

Unvested Shares Beginning of Period

 

 

958,985

 

$

16.35

 

 

 

1,037,848

 

$

14.51

 

Granted

 

 

1,277,607

 

$

13.81

 

 

 

593,745

 

$

17.49

 

Vested (1)

 

 

(300,399

)

$

16.42

 

 

 

(331,049

)

$

14.41

 

Forfeited

 

 

(4,427

)

$

17.00

 

 

 

(9,619

)

$

15.93

 

Unvested Shares End of Period

 

 

1,931,766

 

$

14.66

 

 

 

1,290,925

 

$

15.90

 

 

(1) With respect to certain restricted stock equity awards granted prior to January 1, 2019, receipt of the shares of the Company’s common stock underlying vested restricted stock equity awards will be deferred for four years from grant date unless certain conditions are met. Accordingly, such vested restricted stock equity awards will not be issued as common stock upon vesting until the completion of the deferral period.