Annual report pursuant to Section 13 and 15(d)

Share-Based Compensation (Tables)

v3.8.0.1
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Restricted Stock Transactions
The following table provides a summary of our Restricted Stock transactions for the year ended December 31, 2017 (shares and units in thousands):
 
Shares
 
Weighted-Average Grant
Date Fair Value
Unvested at January 1, 2017
8,848

 
$
3.52

Granted
12,422

 
9.59

Vested
(398
)
 
9.28

Forfeited
(384
)
 
11.14

Unvested at December 31, 2017
20,488

 
 
Summary of Stock Option Transactions
The following table provides a summary of our stock option transactions for the year ended December 31, 2017 (stock options in thousands):
 
Stock Options
 
Weighted Average
Exercise Price
Outstanding at January 1, 2017

 
$

Granted
2,015

 
10.32

Exercised

 

Forfeited or Expired
(4
)
 
10.32

Outstanding at December 31, 2017
2,011

 
$
10.32

Exercisable at December 31, 2017

 
$

Schedule of Stock Option Valuation Assumptions
Valuation assumptions used to value stock options for the year ended December 31, 2017, were as follows:
Expected term (in years)
6.0

Expected volatility
22.13
%
Expected dividend yields
%
Risk-free rate
2.05
%