Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2022

Restricted stock and restricted stock units (“RSUs”) activity for the three months ended March 31, 2022 is summarized below.

Outstanding at	Restricted Stock and RSUs			Weighted- Average Grant Date Fair Value
December 31, 2021		2,183,017		$	586.45
Granted		714,261		$	833.19
Converted		(810,541	)	$	497.24
Forfeited		(10,683	)	$	655.32
March 31, 2022		2,076,054		$	705.81

Performance-based RSU activity for the three months ended March 31, 2022 is summarized below.

Outstanding at	Performance- Based RSUs			Weighted- Average Grant Date Fair Value
December 31, 2021		668,805		$	533.48
Granted		143,846		$	820.28
Additional shares granted due to attainment of performance measures		111,991		$	410.32
Converted		(385,134	)	$	410.32
March 31, 2022		539,508		$	672.31