Annual report pursuant to Section 13 and 15(d)

Share-Based Compensation (Tables)

v3.20.4
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Restricted Stock Award Activity for Employees and Non-Employee Directors

The following table summarizes our restricted stock award activity for employees and non-employee directors:

 

 

 

Shares

 

Weighted Average

Grant Date Fair

Value Per Share

Unvested at January 1, 2020

 

 

163,723

 

 

$

90.65

 

Granted

 

 

75,638

 

 

 

149.38

 

Vested

 

 

(80,349

)

 

 

85.68

 

Forfeited

 

 

(19,149

)

 

 

117.86

 

Unvested at December 31, 2020

 

 

139,863

 

 

$

121.53

 

 

Summary of Activity for PBRSUs for Employees

The following table summarizes our activity for PBRSUs for employees during 2020:

 

 

 

Shares

 

 

Weighted Average

Grant Date Fair

Value Per Share

 

Unvested at January 1, 2020

 

 

 

 

$

 

Granted (a)

 

 

31,072

 

 

 

146.29

 

Vested

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Unvested at December 31, 2020

 

 

31,072

 

 

$

146.29

 

 

(a) Amount represents PBRSUs granted at target. PBRSUs earned may range from zero to 200% of the target award. Actual PBRSUs earned for the 2020 performance period, as determined by the Compensation Committee, were equal to the target amount.

Summary of the Changes in the Number of Outstanding Phantom Stock Shares A summary of the changes in the number of outstanding phantom stock awards during the year ended December 31, 2020 for the Phantom Plans is provided below:

 

 

Employee

Phantom Plans

 

Director

Phantom

Stock Plan

 

Total

Balance of shares outstanding at December 31, 2019

 

 

637,755

 

 

 

81,106

 

 

 

718,861

 

Granted

 

 

 

 

 

 

 

 

 

Settled

 

 

(104,865

)

 

 

 

 

 

(104,865

)

Forfeited

 

 

 

 

 

 

 

 

 

Balance of shares outstanding at December 31, 2020

 

 

532,890

 

 

 

81,106

 

 

 

613,996