Annual report pursuant to Section 13 and 15(d)

Equity Compensation Plans (Tables)

v3.19.3.a.u2
Equity Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2019
Equity Compensation Plans  
Summary of stock option activity

    

    

    

Weighted

 

Weighted

Average

 

Number of

Average

Remaining

 

Aggregate

Shares

Exercise

Contractual

 

Intrinsic

Time-Based Stock Options

Outstanding

Price

Term(Years)

 

Value

Outstanding at December 31, 2017:

 

4,304,201

 

$

7.28

 

5.39

$

90,473

Granted

 

656,250

 

29.48

Forfeited

 

(40,473)

 

9.56

Exercised

 

(1,026,807)

 

3.72

Outstanding at December 31, 2018:

3,893,171

 

$

11.94

 

5.95

$

41,020

Granted

344,176

18.07

Forfeited

(287,609)

22.75

Exercised

(529,557)

5.21

Outstanding at December 31, 2019

 

3,420,181

$

12.69

5.70

$

26,074

Vested and expected to vest

3,420,181

$

12.69

5.68

$

26,074

Exercisable at December 31, 2019

 

2,099,616

$

7.90

4.10

$

22,712

Summary of stock unit activity

Weighted

Number of

Average

Shares

Grant Date

Restricted and Performance Stock Units

Outstanding

Fair Value

Outstanding at December 31, 2017:

 

610,730

 

$

21.14

Granted

 

516,433

23.34

Released

(7,150)

8.95

Forfeited

 

(13,650)

25.89

Outstanding at December 31, 2018:

1,106,363

22.18

Granted

217,146

17.60

Released

(86,405)

16.77

Forfeited

(123,407)

22.97

Outstanding at December 31, 2019

 

1,113,697

21.62

Schedule of weighted-average assumptions for options granted

Year ended December 31,

    

2019

2018

    

2017

    

Expected term (in years)

 

5.76

6.22

6.16

Expected volatility

 

54.97

%  

50.99

%  

50.43

%

Risk free rate

 

1.71

%  

2.70

%  

2.12

%

Expected dividends

 

%  

%  

%

Summary of weighted average estimated grant date fair value per share

2019

2018

2017

Stock options

$

18.07

$

15.05

$

8.41

Restricted and performance stock units

17.60

23.34

26.24