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Equity-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Nonvested Share Activity

The following table summarizes the activity related to the Company’s RSUs for the year ended December 31, 2021:

			Number of Restricted Stock Units						Weighted average grant date fair value
Balance as of December 31, 2020, unvested			—						$	—
Granted			1,417,231						$	13.14
Vested			(4,751)						$	12.00
Forfeited			(34,752)						$	13.12
Balance as of December 31, 2021, unvested			1,377,728						$	13.15

Schedule of Stock Options Roll Forward

The following table summarizes the activity related to the outstanding and exercisable stock options:

			Number of options						Weighted average exercise price						Weighted average grant date fair value						Weighted average remaining contractual term (years)
Outstanding as of December 31, 2020			—						$	—					$	—					—
Granted			1,618,064						$	12.00					$	4.28
Forfeited			(5,931)						$	12.00					$	4.29
Outstanding as of December 31, 2021			1,612,133						$	12.00					$	4.28					9.7
Exercisable as of December 31, 2021			162,952						$	12.00					$	4.20					9.7
Unvested as of December 31, 2021			1,449,181						$	12.00					$	4.29					9.7
Vested and expected to vest as of December 31, 2021			1,612,133						$	12.00					$	4.28					9.7

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Inputs to model for awards granted during the period from September 22, 2021 through December 31, 2021, are as follows:

Expected volatility			35.0		%
Expected dividend yield			Nil
Expected term (in years)			5 to 6.3 Years
Risk free interest rate			0.9		%

Schedule of Activity Related to the Unvested LLC Units

The following table summarizes the activity related to the unvested LLC Units:

			Number of LLC Units						Weighted average grant date fair value
Balance, January 1, 2019, unvested			487,091						$	0.21
Granted			177,346						$	0.29
Forfeited			(24,385)						$	0.27
Vested			(182,825)						$	0.24
Balance, January 1, 2020, unvested			457,227						$	0.16
Granted			1,444,831						$	0.29
Forfeited			(241,265)						$	0.27
Vested			(174,847)						$	0.27
Balance, December 31, 2020, unvested			1,485,946						$	0.28
Granted prior to September 22, 2021			1,515,276						$	0.67
Forfeited			(398,768)						$	0.22
Vested			(700,477)						$	0.46
Balance, December 31, 2021, unvested			1,901,977						$	0.52

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Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

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