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Stock-Based Compensation | 12 Months Ended
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Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stock-Based Compensation |
6. | STOCK-BASED COMPENSATION
Jones Lang LaSalle Amended and Restated Stock Award and Incentive Plan ("SAIP") provides for the granting of various stock awards to eligible employees of JLL. Such awards include restricted stock units and options to purchase a specified number of shares of common stock, although we have not granted stock options since 2003. There were approximately 550 thousand shares available for grant under the SAIP as of December 31, 2016. We also have a stock-based compensation plan for our United Kingdom-based employees, the SAYE plan, that allows for the purchase of stock at a 15% discount from the market price at the beginning of the plan's three and five year vesting periods. Stock-based compensation expense is included within Compensation and benefits expense on our Consolidated Statements of Comprehensive Income. Stock-based compensation expense consisted of the following.
| Year Ended December 31,
($ in millions) | 2016 | 2015 | 2014
Restricted stock unit awards | $ | 25.5 |  | 20.7 |  | 19.3 |
SAYE | 1.4 |  | 2.1 |  | 1.1 |
Total | $ | 26.9 |  | 22.8 |  | 20.4 |
Restricted Stock Unit Awards Restricted stock unit activity is presented in the below table.
| Shares (in thousands) |  | Weighted Average Grant Date Fair Value | Weighted Average Remaining Contractual Life (in years)
Unvested as of December 31, 2013 | 1,025.3 |  |  | $ | 73.09 |  |
Granted | 160.5 |  |  | 119.88 |  |
Vested | (426.6 | ) |  | 60.14 |  |
Forfeited | (13.9 | ) |  | 80.74 |  |
Unvested as of December 31, 2014 | 745.3 |  |  | 90.43 |  | 2.38
Granted | 186.3 |  |  | 159.30 |  |
Vested | (196.4 | ) |  | 78.45 |  |
Forfeited | (29.2 | ) |  | 94.20 |  |
Unvested as of December 31, 2015 | 706.0 |  |  | 111.78 |  | 2.03
Granted | 299.3 |  |  | 107.74 |  |
Vested | (203.6 | ) |  | 96.37 |  |
Forfeited | (50.8 | ) |  | 117.48 |  |
Unvested as of December 31, 2016 | 750.9 |  |  | $ | 113.97 |  | 1.71
Unvested shares expected to vest as of December 31, 2016 | 750.2 |  |  | $ | 113.99 |  | 1.71
We determine the fair value of restricted stock units based on the closing market price of the Company's common stock on the grant date. As of December 31, 2016, we had $29.6 million of unamortized deferred compensation related to unvested restricted stock units, which is anticipated to be recognized over varying periods into 2020. Shares vested during the years ended December 31, 2016, 2015 and 2014, had grant date fair values of $19.6 million, $15.4 million, and $25.7 million, respectively. Shares granted during the years ended December 31, 2016, 2015 and 2014 had grant date fair values of $32.2 million, $29.7 million and $19.2 million, respectively. Other Stock-Based Compensation Programs As previously discussed, we also maintain the SAYE plan, a stock-based compensation plan for our United Kingdom-based employees. Under this plan, employees make an annual election to contribute to the plan to purchase stock at a 15% discount from the market price at the beginning of the plan's three and five year vesting periods. There were approximately 400 thousand shares available for grant under the SAYE plan as of December 31, 2016. Options activity under the SAYE plan is presented in the following table.
| Year Ended December 31,
(options in thousands) | 2016 |  | 2015
Options granted | — |  |  | 76 |
Exercise price - options granted | $ | — |  |  | $ | 125.50 |
Options exercised | 20 |  |  | 82 |
Weighted average exercise price | $ | 70.37 |  |  | $ | 58.84 |
The fair values of options granted under the SAYE plan are amortized over their respective vesting periods. There were approximately 128 thousand and 156 thousand options outstanding under the SAYE plan as of December 31, 2016 and 2015, respectively.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65895303&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 + Details
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