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Share-Based Compensation Plans
 3 Months Ended
Mar. 31, 2023
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Share-Based Compensation Plans
12.
Share-Based Compensation Plans

Options

No stock options were awarded during the quarters ended March 31, 2023 or 2022. No unvested stock options were forfeited during the quarters ended March 31, 2023 or 2022.

Restricted Shares / Restricted Stock Units

There were no restricted class A common shares or restricted stock units granted to key employees during the quarters ended March 31, 2023 and 2022. There were no restricted class A common shares or restricted stock units forfeited during the quarter ended March 31, 2023. There were 395,777 restricted class A common shares and 318,958 restricted stock units that were forfeited during the quarter ended March 31, 2022.

There were 25,913 restricted stock units that vested during the quarter ended March 31, 2023 and 26,080 restricted stock units that vested during the quarter ended March 31, 2022. Upon vesting, the restricted stock units converted to restricted class A common shares.

During the quarters ended March 31, 2023 and 2022, the Company granted 26,426 and 24,810 class A common shares, respectively, at a weighted average grant date value of $25.46 and $25.64 per share, respectively, to non-employee directors of the Company under the Plan. The Company previously granted 157,139 shares to a non-employee director with deferred vesting. These shares vested during the quarter ended March 31, 2023. All other shares granted to non-employee directors of the Company are fully vested but are subject to certain restrictions.