Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.0.1
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of restricted stock award and unit activity
The following table summarizes restricted stock unit and performance vesting restricted stock unit activity for the Successor Period:
Number of
Unvested
Restricted Stock Units
Weighted
Average
Grant Date
Fair Value
Number of
Unvested
Performance Vesting Restricted Stock Units
Weighted
Average
Grant Date
Fair Value
Unvested shares as of May 18, 2021 —  $ —  —  $ — 
Granted 200,484  66.05  153,138  48.54 
Vested —  —  —  — 
Forfeited/cancelled (2,071) 66.89  —  — 
Unvested shares as of December 31, 2021 198,413  $ 66.04  153,138  $ 48.54 
The following table summarizes restricted stock unit activity for the Predecessor Period and the Predecessor years ended December 31, 2020 and 2019:
Number of
Unvested
Restricted Stock Units
Weighted
Average
Grant Date
Fair Value
Number of
Unvested
Performance Vesting Restricted Stock Units
Weighted
Average
Grant Date
Fair Value
Unvested shares as of December 31, 2018 1,535,811  $ 11.57  —  $ — 
Granted 4,011,073  $ 3.74  2,009,144  2.85
Vested (676,108) 12.89  —  — 
Forfeited (772,458) 6.05  (225,484) 1.98
Unvested shares as of December 31, 2019 4,098,318  $ 4.73  1,783,660  $ 2.96 
Granted 3,069,521  0.85  —  — 
Vested (1,294,285) 5.73  —  — 
Forfeited (4,171,041) 1.68  (943,065) 1.98 
Unvested shares as of December 31, 2020 1,702,513  $ 4.74  840,595  $ 4.07 
Granted —  —  —  — 
Vested (227,132) 8.45  —  — 
Forfeited/canceled (1,475,381) 4.16  (840,595) 4.07 
Unvested shares as of May 17, 2021 —  $ —  —  $ —