Annual report pursuant to Section 13 and 15(d)

Equity-Based Compensation (Tables)

v3.22.0.1
Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Equity-Based Compensation  
Summary of assumptions were utilized in determining the fair value of the units at the grant date

Expected dividend

    

Expected volatility

 

60% to 85%

Risk-free interest rate

 

0.13% to 2.53%

Expected life of incentive awards (in years)

 

1 to 5 years

Grant date performance and market threshold

$35,000 to $1,000,000

Summary of changes in the number of incentive units

Weighted

Average

    

Incentive

    

  Grant Date

    

Total

Units

Fair Value

Value

Granted and Outstanding at January 1, 2019

 

108,500

$

49.89

$

5,413

Granted

 

50,000

 

5.13

 

257

Forfeited

 

(16,000)

 

15.04

 

(241)

Granted and Outstanding at December 31, 2019

142,500

$

38.10

$

5,429

Granted

49,119

 

95.27

 

4,680

Forfeited

(10,000)

 

15.40

 

(154)

Repurchased

(7,116)

 

447.15

 

(3,182)

Granted and Outstanding at December 31, 2020

 

174,503

$

38.82

$

6,773

Granted

 

18,400

$

215.31

$

3,962

Forfeited

 

(10,709)

$

100.66

$

(1,078)

Repurchased

 

(6,202)

$

476.06

$

(2,953)

Granted and Outstanding at December 31, 2021

 

175,992

$

38.09

$

6,704

Vested at December 31, 2021

 

129,972

$

56.41

$

7,332