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Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summarized Information Related to Restricted Stock and Restricted Units
The following table summarizes information related to restricted stock held by the Company’s employees and directors for the periods presented:
 
Shares
 
Weighted Average
Grant Date
Fair Value per Share
Non-vested shares outstanding December 31, 2016
3,980,773

 
$
9.48

Granted
1,639,560

 
15.03

Vested
(1,676,735
)
 
11.81

Forfeited
(201,700
)
 
10.99

Non-vested shares outstanding December 31, 2017
3,741,898

 
$
10.78

Summarized Information Related to Performance Share Units
The following table summarizes information related to PSUs held by the Company’s officers for the periods presented:
 
Units
 
Weighted Average
Grant Date
Fair Value per Unit
Non-vested PSUs at December 31, 2016
1,387,619

 
$
9.52

Granted
509,800

 
16.89

Vested

 

Forfeited
(24,709
)
 
42.01

Non-vested PSUs at December 31, 2017
1,872,710

 
$
11.10

Summary of Assumptions
The following assumptions were used for the Monte Carlo model to determine the grant date fair value and associated equity-based compensation expense of the PSUs granted during the periods presented:
 
2017
 
2016
 
2015
Forecast period (years)
2 - 4

 
4

 
4

Risk-free interest rate
1.18% - 1.66%

 
1.25
%
 
0.99
%
Oasis stock price volatility
17.16
%
 
59.38
%
 
50.11
%
Summarized Information Related to Phantom Units
The following table summarizes information related to Phantom Units held by certain employees of Oasis:
 
Phantom Units
 
Weighted Average Grant Date Fair Value per Unit
Non-vested units outstanding December 31, 2016

 
$

Granted
101,500

 
16.40

Vested

 

Forfeited
(2,400
)
 
16.40

Non-vested units outstanding December 31, 2017
99,100

 
$
16.40

Summarized Information Related to Restricted Units
The following table summarizes information related to restricted units held by certain directors of OMP:
 
Restricted Units
 
Weighted Average Grant Date Fair Value per Unit
Non-vested units outstanding December 31, 2016

 
$

Granted
11,766

 
17.00

Vested

 

Forfeited

 

Non-vested units outstanding December 31, 2017
11,766

 
$
17.00