Annual report pursuant to Section 13 and 15(d)

Equity-Based Compensation (Tables)

v3.8.0.1
Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Equity Grants

A summary of these equity grants by the Company as of December 31, 2017, 2016 and 2015 during the periods then ended is presented below:

 

 

 

Deferred Equity Units

 

 

Performance Units

 

 

 

Units

 

 

Range of Fair Value
per unit

 

 

Units

 

 

Fair Value
per unit

 

Balance at January 1, 2015

 

 

52,188

 

 

$

12.00

 

 

 

15.65

 

 

 

96,971

 

 

$

3.75

 

Vested

 

 

(47,277

)

 

 

(12.00

)

 

 

(13.97

)

 

 

(90,585

)

 

 

(3.75

)

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2015

 

 

4,911

 

 

$

12.00

 

 

$

11.89

 

 

 

6,386

 

 

$

3.75

 

Vested

 

 

(4,911

)

 

 

(12.00

)

 

 

(10.92

)

 

 

(6,386

)

 

 

(3.75

)

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2016

 

 

 

 

$

 

 

$

 

 

 

 

 

$

 

 

Summary of RSU Grants

A summary of these RSU grants by the Company as of December 31, 2017 and 2016 is presented below:

 

 

  

Restricted Stock Units
Granted

 

 

  

Units

 

Fair Value per unit

 

Total granted at January 1, 2016

 

 

966,510

 

$

13.19 – 13.23

 

Granted in May 2016

 

 

14,373

 

 

13.19

 

Vested in August 2016

 

 

(241,627

)

 

(13.23

)

Total granted at December 31, 2016

 

 

739,256

 

$

13.19 – 13.23

 

Vested in April 2017

 

 

(1,000

)

 

(13.19

)

Vested in May 2017

 

 

(4,843

)

 

(13.19

)

Vested in August 2017

 

 

(241,627

)

 

(13.23

)

Total granted at December 31, 2017

 

 

491,786

 

$

13.19 – 13.23