General form of registration statement for all companies including face-amount certificate companies

Stock-based Compensation (Tables)

v3.22.2.2
Stock-based Compensation (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]    
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:

 
 
  
Number of
RSAs
 
  
Average
Grant-Date

Fair Value
 
  
Number of
RSUs
 
  
Average
Grant-Date

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