| Summary of Unit Activity |
The following tables summarizes the unit activity related to the RSUs and PRSUs during the Predecessor periods as follows:
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Weighted |
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Weighted |
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Average |
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Average |
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Grant Date |
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Grant Date |
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Fair Value |
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Fair Value |
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Predecessor |
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RSUs |
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Per Unit |
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|
PRSUs |
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|
Per Unit |
|
Balance as of December 31, 2018 |
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3,525 |
|
|
$ |
|
5,347 |
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|
|
6,492 |
|
|
$ |
|
2,952 |
|
Granted |
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|
862 |
|
|
|
|
4,578 |
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|
|
1,725 |
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|
|
|
4,572 |
|
Vested |
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|
(1,123 |
) |
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|
|
6,581 |
|
|
|
— |
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|
|
|
— |
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Forfeited |
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|
(357 |
) |
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|
|
4,037 |
|
|
|
(654 |
) |
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|
|
2,626 |
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Balance as of December 31, 2019 |
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|
2,907 |
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|
$ |
|
4,785 |
|
|
|
7,563 |
|
|
$ |
|
3,350 |
|
Granted |
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1,990 |
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|
|
|
4,578 |
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|
|
5,469 |
|
|
|
|
4,572 |
|
Vested |
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|
(944 |
) |
|
|
|
5,374 |
|
|
|
— |
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|
|
|
— |
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Forfeited |
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|
(954 |
) |
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|
|
4,491 |
|
|
|
(3,809 |
) |
|
|
|
3,513 |
|
Balance as of December 31, 2020 |
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|
2,999 |
|
|
$ |
|
4,563 |
|
|
|
9,223 |
|
|
$ |
|
4,015 |
|
Granted |
|
|
254 |
|
|
|
|
28,875 |
|
|
|
389 |
|
|
|
|
24,420 |
|
Vested |
|
|
(517 |
) |
|
|
|
5,459 |
|
|
|
— |
|
|
|
|
— |
|
Forfeited |
|
|
(121 |
) |
|
|
|
4,527 |
|
|
|
(567 |
) |
|
|
|
2,626 |
|
Balance as of June 30, 2021 |
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|
2,614 |
|
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$ |
|
6,741 |
|
|
|
9,045 |
|
|
$ |
|
4,888 |
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The following tables summarizes the unit activity related to the RSUs and PRSUs during the Successor six months ended December 31, 2021:
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|
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|
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Weighted |
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|
Weighted |
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|
|
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Average |
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|
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Average |
|
|
|
|
|
|
Grant Date |
|
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|
Grant Date |
|
|
|
|
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|
Fair Value |
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|
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|
Fair Value |
|
Successor |
|
RSUs(1) |
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|
Per Unit |
|
|
PRSUs(1) |
|
|
Per Unit |
|
Balance as of July 1, 2021 |
|
|
854,764 |
|
|
$ |
|
9.91 |
|
|
|
7,816,743 |
|
|
$ |
|
9.56 |
|
Granted |
|
|
9,475,330 |
|
|
|
|
12.60 |
|
|
|
9,107,424 |
|
|
|
|
12.63 |
|
Vested |
|
|
(3,014,054 |
) |
|
|
|
12.62 |
|
|
|
— |
|
|
|
|
— |
|
Forfeited |
|
|
(167,624 |
) |
|
|
|
12.64 |
|
|
|
(181,054 |
) |
|
|
|
12.51 |
|
Balance as of December 31, 2021 |
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|
7,148,416 |
|
|
$ |
|
12.27 |
|
|
|
16,743,113 |
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|
$ |
|
11.20 |
|
(1)These share totals include both unvested shares and restricted stock units.
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