XML 30 R20.htm IDEA: XBRL DOCUMENT v3.23.2
Equity-based Compensation (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Equity Option Activity

Option activity for the six months ended June 30, 2023 under the 2013 Plan and 2019 Plan is as follows:

 

 

 

Number of
Shares

 

 

Weighted
Average
Exercise Price

 

 

Weighted
Average
Remaining
Contractual
Term
(years)

 

 

Aggregate
Intrinsic
Value
(thousands)

 

Balance at January 1, 2023

 

 

2,596,718

 

 

$

17.60

 

 

 

7.0

 

 

$

23,408

 

Granted

 

 

535,401

 

 

 

17.32

 

 

 

9.8

 

 

 

 

Exercised

 

 

(92,773

)

 

 

6.63

 

 

 

 

 

 

 

Forfeited

 

 

(20,195

)

 

 

24.41

 

 

 

 

 

 

 

Expired

 

 

(8,228

)

 

 

33.96

 

 

 

 

 

 

 

Balance at June 30, 2023

 

 

3,010,923

 

 

 

17.80

 

 

 

7.2

 

 

 

10,708

 

Exercisable at June 30, 2023

 

 

1,303,873

 

 

 

13.79

 

 

 

5.9

 

 

 

6,582

 

Vested and expected to vest

 

 

3,010,923

 

 

 

17.80

 

 

 

7.2

 

 

 

10,708

 

Summary of RSU Award Activity

RSU award activity for the six months ended June 30, 2023 under the 2019 Plan is as follows:

 

 

 

Class A
Common
Stock

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Weighted
Average
Remaining
Contractual
Term
(years)

 

 

Aggregate
Intrinsic
Value
(thousands)

 

Unvested at January 1, 2023

 

 

28,374

 

 

$

37.26

 

 

 

0.4

 

 

$

632

 

Granted (1)

 

 

134,206

 

 

 

25.48

 

 

 

0.6

 

 

 

 

Released

 

 

(30,125

)

 

 

33.47

 

 

 

 

 

 

 

Forfeited (2)

 

 

(65,213

)

 

 

29.35

 

 

 

 

 

 

 

Unvested at June 30, 2023

 

 

67,242

 

 

 

23.13

 

 

 

0.8

 

 

 

1,103

 

(1)
Includes an adjustment of 5,100 shares underlying performance-based RSU awards made during the six months ended June 30, 2023. The vesting of such RSUs is based upon the Company’s current performance against predefined financial targets.
(2)
Includes an adjustment of (65,213) shares underlying performance-based RSU awards made during the six months ended June 30, 2023. The vesting of such RSUs is based upon the Company’s current performance against predefined financial targets.