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Stock-Based Compensation Plans (Tables) | 9 Months Ended
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Sep. 30, 2021
Disclosure of terms and conditions of share-based payment arrangement [abstract] |
Summary of Options Outstanding and Exercisable | The following tables summarize information related to the Company’s stock-based compensation plans:
|  | Units Outstanding |  |  |  | Units Exercisable |
As at September 30, 2021 |  | (thousands) |  |  |  | (thousands) |
Stock Options With Associated Net Settlement Rights |  | 27,882 |  |  |  | 17,556 |  |
Cenovus Replacement Stock Options |  | 12,799 |  |  |  | 8,771 |  |
Performance Share Units |  | 7,208 |  |  |  | — |  |
Restricted Share Units |  | 6,182 |  |  |  | — |  |
Deferred Share Units |  | 1,557 |  |  |  | 1,557 |  |
The weighted average exercise price of NSRs and Cenovus replacement stock options outstanding as at September 30, 2021, was $13.07 and $15.10, respectively.
|  | Units Granted |  |  |  | Units Vested and Exercised/ Paid Out |
For the nine months ended September 30, 2021 |  | (thousands) |  |  |  | (thousands) |
Stock Options With Associated Net Settlement Rights |  | 6,345 |  |  |  | 32 |
Cenovus Replacement Stock Options |  | 18,882 |  |  |  | 607 |
Performance Share Units |  | 6,173 |  |  |  | 8,086 |
Restricted Share Units |  | 6,432 |  |  |  | 8,342 |
Deferred Share Units |  | 342 |  |  |  | 126 |
Summary of Stock-Based Compensation | The following table summarizes the stock-based compensation expense (recovery) recorded for all plans:
| Three Months Ended |  |  | Nine Months Ended |
For the periods ended September 30, |  | 2021 |  |  |  | 2020 |  |  |  | 2021 |  |  |  | 2020 |
Stock Options With Associated Net Settlement Rights |  | 3 |  |  |  | 3 |  |  |  | 11 |  |  |  | 9 |
Cenovus Replacement Stock Options |  | 3 |  |  |  | — |  |  |  | 17 |  |  |  | — |
Performance Share Units |  | 9 |  |  |  | (2) |  |  |  | 30 |  |  |  | (9) |
Restricted Share Units |  | 11 |  |  |  | (3) |  |  |  | 28 |  |  |  | (8) |
Deferred Share Units |  | 2 |  |  |  | (1) |  |  |  | 11 |  |  |  | (7) |
Stock-Based Compensation Expense (Recovery) |  | 28 |  |  |  | (3) |  |  |  | 97 |  |  |  | (15) |
Stock-Based Compensation Costs Capitalized |  | 2 |  |  |  | 1 |  |  |  | 5 |  |  |  | (4) |
Total Stock-Based Compensation |  | 30 |  |  |  | (2) |  |  |  | 102 |  |  |  | (19) |

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