Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity |
A summary of the restricted common stock awards (“RSAs”) and restricted stock units (“RSUs”) activity for the six months ended June 30, 2022 is as follows:
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Number of RSAs |
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Average Grant-Date
Fair Value |
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Number of RSUs |
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Average Grant-Date
Fair Value |
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Unvested at December 31, 2021 |
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5,479,451 |
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$ |
1.80 |
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$ |
2,395,789 |
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$ |
9.73 |
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— |
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$ |
— |
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$ |
8,300,343 |
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$ |
5.96 |
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— |
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$ |
— |
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$ |
(121,145 |
) |
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$ |
9.77 |
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(208,682 |
) |
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$ |
2.66 |
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$ |
(267,033 |
) |
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$ |
9.26 |
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Unvested and outstanding at June 30, 2022 |
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5,270,769 |
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$ |
1.77 |
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10,307,954 |
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$ |
6.71 |
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A summary of the change in control restricted common stock activity awards for 2021 and 2020 is as follows:
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Number of Shares of Restricted Common Stock Awards |
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Average Grant- Date Fair Value |
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Unvested at January 1, 2020 |
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— |
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$ |
— |
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Granted |
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1,799,811 |
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$ |
1.27 |
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Retroactive conversion of shares due to the Business Combination |
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7,144,653 |
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$ |
1.27 |
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Unvested at December 31, 2020, as converted |
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8,944,464 |
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$ |
1.27 |
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Granted |
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2,086,827 |
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$ |
2.66 |
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Forfeited |
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(904,698 |
) |
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$ |
1.27 |
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Vested |
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(4,647,142 |
) |
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$ |
1.27 |
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Unvested at December 31, 2021 |
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5,479,451 |
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$ |
1.80 |
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Restricted Stock Unit, Activity |
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A summary of the change in control RSUs activity for 2021 (there was no activity prior to 2021) is as follows:
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Average Grant- Date Fair Value |
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Unvested at December 31, 2020 |
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— |
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$ |
— |
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Granted and vested |
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503,821 |
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$ |
9.60 |
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Retroactive conversion of shares due to the Business Combination |
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2,000,003 |
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$ |
9.60 |
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Forfeited |
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(2,485 |
) |
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$ |
9.97 |
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(105,550 |
) |
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$ |
6.75 |
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Unvested and outstanding at December 31, 2021 |
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2,395,789 |
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$ |
9.73 |
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