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STOCK-BASED COMPENSATION | 3 Months Ended
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Mar. 31, 2025
Share-Based Payment Arrangement [Abstract] |
STOCK-BASED COMPENSATION | STOCK-BASED COMPENSATION As of March 31, 2025, there were 23.4 million shares of common stock available for issuance under the Company's 2015 Stock Inventive Plan (the "2015 Plan"). The 2015 Plan expired in April 2025, and the Company is seeking stockholder approval of a new plan at the 2025 annual meeting of stockholders. No further awards can be granted under the 2015 Plan. A summary of the Company’s restricted stock units ("RSUs") and PSUs for the three months ended March 31, 2025 and 2024 is presented in the following table:
| Three Months Ended March 31, |  |  |  |
| 2025 |  | 2024 |  |
| RSUs/PSUs (000’s) |  | Weighted Average Grant Date Fair Value |  | RSUs/PSUs (000’s) |  | Weighted Average Grant Date Fair Value |  |  |  |
Unvested at beginning of period | 1,021 |  | $ | 45.09 |  |  | 1,341 |  | $ | 26.43 |  |  |  |  |
Granted | 1,074 |  | 26.41 |  |  | 275 |  | 78.22 |  |  |  |  |
Vested | (249) |  | 44.09 |  |  | (510) |  | 22.89 |  |  |  |  |
Forfeited and cancelled | (10) |  | 50.81 |  |  | (12) |  | 23.23 |  |  |  |  |
Unvested at end of period | 1,836 |  | $ | 34.27 |  |  | 1,094 |  | $ | 41.21 |  |  |  |  |
Performance-based Stock Awards A summary of PSU awards granted during the three months ended March 31, 2025, is as follows:
Grant Date |  | Shares (000’s) |  | Performance Period |  | Metrics |  | Grant Date Fair Value |  |  |  |
March 1, 2025 |  | 142 |  | 2025-2027 |  | Revenue rTSR |  | Revenue - $25.69 rTSR - $36.61 |  |  |  |

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