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

Equity-Based Compensation (Tables)

v3.21.2
Equity-Based Compensation (Tables)
11 Months Ended
Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock options granted, exercised, and vested

​

​

​

​

​

​

​

​

​

​

​

  Weighted

​

​

ISOs 

​

average exercise

​

    

and NQSOs

    

price

Outstanding as of December 31, 2019

​

133,661

​

$

1.47

Forfeited

​

(2,900)

​

$

1.80

Settled or cancelled

 

(130,761)

​

$

1.46

Outstanding as of December 31, 2020

 

—

​

 

  

Predecessor Promissory Notes  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock options activity

​

​

​

​

​

​

​

​

​

Predecessor

 

​

​

Period from

​

​

​

​

​

January 1, 2020

​

Year ended

​

​

​

 to June 21,

​

December 31,

​

​

    

  2020

    

  2019

 

Range of expected time to exit (years)

​

3-5

​

3-5

 

Range of volatilities

​

55.00-63.09

%  

55.00-63.09

%

Range of Predecessor Promissory Notes interest rates

​

1.85-1.91

%  

1.85-1.91

%

Range of risk-free interest rates

 

1.33-1.62

%  

1.33-1.62

%

​

​

​

​

​

​

​

​

Successor

 

​

​

Period from

​

​

​

February 10, 2020

​

​

​

to December 31,

​

​

    

   2020

 

Volatility

​

$

70.1

%

Risk-free interest rate

​

​

0.25

%

Expected time to exit (years)

​

​

3.50

 

Schedule of nonvested share activity

​

​

​

​

​

​

​

    

Predecessor

​

​

Period from

​

​

​

​

January 1, 2020

​

Year ended

​

​

to June 21,

​

December 31,

​

​

   2020

​

  2019

Grant date fair value of shares vested

​

12

​

228

​

​

​

​

​

​

​

​

​

In-substance

​

​

   

​

​

ISOs 

​

​

​

​

​

represented

​

​

​

​

​

by the

​

Weighted-

​

​

Predecessor

​

average

​

​

Promissory

​

exercise

​

    

Notes

    

price

Outstanding as of December 31, 2019

​

1,028,784

​

$

0.99

Settled or cancelled

​

(1,028,784)

​

$

0.99

Outstanding as of December 31, 2020

​

—

​

​

  

2011 Equity Incentive Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock options granted, exercised, and vested

​

​

​

​

​

​

​

​

​

​

​

Predecessor

​

​

Period from

​

​

​

​

​

January 1, 2020

​

Year ended

​

​

to June 21,

​

December 31,

​

    

   2020

    

  2019

Grant date fair value of options granted

​

$

—

​

$

17

Intrinsic value of options exercised

​

​

—

​

​

62

Grant date fair value of shares vested

​

​

9

​

​

23

Cash received from options exercised

 

​

—

 

​

16

Tax benefit from options exercised

 

​

—

 

​

(3)

Schedule of stock purchase plan valuation assumptions

​

​

​

​

​

​

​

​

​

Predecessor

 

​

​

Period from

​

​

​

​

​

January 1, 2020

​

Year ended

​

​

​

to June 21,

​

December 31,

​

​

    

 2020

    

2019

 

Range of expected time to exit (years)

​

3-5

​

3-5

 

Range of volatilities

​

55.00-63.09

%  

55.00-63.09

%

Range of risk-free interest rates

​

1.33-2.51

%  

1.33-2.51

%

Incentive Units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of nonvested share activity

​

​

​

​

​

​

Incentive

​

    

 Units

Unvested and outstanding as of December 31, 2019

​

—

Granted

 

6,170,000

Forfeited

 

(18,750)

Unvested and outstanding as of December 31, 2020

 

6,151,250