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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Summary of RSU Activity The following is a summary of RSU activity for the three and nine months ended September 30, 2021.
Three Months Ended
September 30,
Nine Months Ended
September 30,
20212021
Weighted AverageWeighted Average
Grant DateGrant Date
SharesFair ValueSharesFair Value
Unvested - beginning of period1,069,573 $22.02 — $— 
Granted516,234 10.40 3,884,350 23.05 
Vested(14,654)14.06 (2,248,197)26.29 
Forfeited/Cancelled— — (65,000)26.45 
Unvested - end of period1,571,153 18.27 1,571,153 18.27 
Summary of Units Activity
The following table presents a summary of the changes in awards subsequent to the conversion into Class A Holdco Units for the three and nine months ended ended September 30, 2021:
Three Months Ended
September 30,
Nine Months Ended
September 30,
20212021
SharesWeighted Average Grant Date Fair ValueSharesWeighted Average Grant Date Fair Value
Unvested - beginning of period14,650,795 $0.50 19,632,883 $0.50 
Granted— — — — 
Vested(1,420,510)0.49 (4,816,920)0.51 
Forfeited/Cancelled(90,704)0.50 (1,676,382)0.52 
Unvested - end of period13,139,581 0.50 13,139,581 0.50 

The following table presents a summary of the changes in Class Z, Class Y, Class X, Class W and Class V Common Units for the period January 1, 2021 through February 10, 2021 prior to the conversion to Class A Holdco Units described above and for the three and nine months ended September 30, 2020.

January 1, 2021
through
February 10, 2021
SharesWeighted Average Grant Date Fair Value
Unvested - beginning of period610,497,758 $0.016 
Vested(12,656,379)0.016 
Forfeited/Cancelled(3,552,286)0.016 
Unvested - end of period594,289,093 0.016 
Three Months Ended
September 30,
Nine Months Ended
September 30,
20202020
SharesWeighted Average Grant Date Fair ValueSharesWeighted Average Grant Date Fair Value
Unvested - beginning of period745,740,350 $0.016 100,679,480 $0.006 
Granted— — 1,227,342,174 0.016 
Vested(26,693,033)0.016 (533,303,418)0.016 
Forfeited/Cancelled— — (75,670,919)0.013 
Unvested - end of period719,047,317 0.016 719,047,317 0.016 
Schedule of Assumptions Used for Grants
The following assumptions were used for the grants during the nine months ended September 30, 2020:

Risk-free interest rate0.30 %
Expected life1.7 years
Expected volatility
160.0 - 175.0%