| Unvested LTIP Units |
The below table details unvested OP LTIP Units as of September 30, 2022: | | | | | | | | | | | | | | | | | | | | | | Grant Recipient | | Number of OP LTIP Units Granted | | Grant Date | | Vesting Date(1) | | Directors: | | | | | | | | | 24,796 | | | September 13, 2022 | | September 12, 2023 | | Dedicated or partially dedicated personnel: | | | | | | | | | 14,598 | | | December 17, 2020 | | December 17, 2022 | | | 13,534 | | | March 3, 2021 | | December 31, 2022 | | | 19,701 | | | December 16, 2021 | | December 16, 2022 | | | 15,789 | | | December 16, 2021 | | December 16, 2023 | | | 40,254 | | | March 7, 2022 | | December 31, 2023 | | Total unvested OP LTIP Units at September 30, 2022 | | 128,672 | | | | | |
(1)Date at which such OP LTIP Units will vest and become non-forfeitable. |
| Roll-Forward of Company's LTIP Units Outstanding |
The following tables summarize issuance and exercise activity of OP LTIP Units for the three- and nine-month periods ended September 30, 2022 and 2021: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three-Month Period Ended | | | September 30, 2022 | | September 30, 2021 | | | Manager | | Director/ Employee | | Total | | Manager | | Director/ Employee | | Total | OP LTIP Units Outstanding (6/30/2022 and 6/30/2021, respectively) | | 365,518 | | | 350,549 | | | 716,067 | | | 365,518 | | | 264,251 | | | 629,769 | | | Granted | | — | | | 24,796 | | | 24,796 | | | — | | | 16,264 | | | 16,264 | | | Exercised | | — | | | (4,066) | | | (4,066) | | | — | | | (5,710) | | | (5,710) | | | OP LTIP Units Outstanding (9/30/2022 and 9/30/2021, respectively) | | 365,518 | | | 371,279 | | | 736,797 | | | 365,518 | | | 274,805 | | | 640,323 | | | OP LTIP Units Unvested and Outstanding (9/30/2022 and 9/30/2021, respectively) | | — | | | 128,672 | | | 128,672 | | | — | | | 86,205 | | | 86,205 | | | OP LTIP Units Vested and Outstanding (9/30/2022 and 9/30/2021, respectively) | | 365,518 | | | 242,607 | | | 608,125 | | | 365,518 | | | 188,600 | | | 554,118 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine-Month Period Ended | | | September 30, 2022 | | September 30, 2021 | | | Manager | | Director/ Employee | | Total | | Manager | | Director/ Employee | | Total | OP LTIP Units Outstanding (12/31/2021 and 12/31/2020, respectively) | | 365,518 | | | 310,295 | | | 675,813 | | | 365,518 | | | 247,020 | | | 612,538 | | | Granted | | — | | | 65,050 | | | 65,050 | | | — | | | 33,495 | | | 33,495 | | | Exercised | | — | | | (4,066) | | | (4,066) | | | — | | | (5,710) | | | (5,710) | | | OP LTIP Units Outstanding (9/30/2022 and 9/30/2021, respectively) | | 365,518 | | | 371,279 | | | 736,797 | | | 365,518 | | | 274,805 | | | 640,323 | | | OP LTIP Units Unvested and Outstanding (9/30/2022 and 9/30/2021, respectively) | | — | | | 128,672 | | | 128,672 | | | — | | | 86,205 | | | 86,205 | | | OP LTIP Units Vested and Outstanding (9/30/2022 and 9/30/2021, respectively) | | 365,518 | | | 242,607 | | | 608,125 | | | 365,518 | | | 188,600 | | | 554,118 | |
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