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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2022
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

25.  SUBSEQUENT EVENTS

On February 8 and 9, 2023, the Company’s Board of Directors and Compensation Committee, as applicable, approved granting 301,668 RSUs and 64,916 PSUs, with an effective date of February 19, 2023, to certain officers and employees at a fair value, based on the closing price of the Company’s stock on the grant date. The shares have a three year vesting period based on achievement of certain service, performance and/or market conditions and vesting accelerates upon the occurrence of a termination of employment following a change in control of the Company or in the event of earlier death, disability or, if applicable, qualified retirement.

On February 9, 2023, the Company's Board of Directors declared a quarterly cash dividend of $0.50 per share. The dividend is payable on March 15, 2023 to stockholders of record at the close of business on February 28, 2023.

There have been no additional subsequent events that would require disclosure in, or adjustment to, the consolidated financial statements as of and for the year ended December 31, 2022.