n o t e s t o c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries the following table shows changes in the company 2019s restricted stock for the years ended december 31 , 2008 , 2007 , and 2006 : number of restricted stock weighted average grant- date fair value .
[['', 'number of restricted stock', 'weighted average grant- date fair value'], ['unvested restricted stock december 31 2005', '3488668', '$ 41.26'], ['granted', '1632504', '$ 56.05'], ['vested and issued', '-1181249 ( 1181249 )', '$ 40.20'], ['forfeited', '-360734 ( 360734 )', '$ 44.04'], ['unvested restricted stock december 31 2006', '3579189', '$ 48.07'], ['granted', '1818716', '$ 56.45'], ['vested and issued', '-1345412 ( 1345412 )', '$ 44.48'], ['forfeited', '-230786 ( 230786 )', '$ 51.57'], ['unvested restricted stock december 31 2007', '3821707', '$ 53.12'], ['granted', '1836532', '$ 59.84'], ['vested and issued', '-1403826 ( 1403826 )', '$ 50.96'], ['forfeited', '-371183 ( 371183 )', '$ 53.75'], ['unvested restricted stock december 31 2008', '3883230', '$ 57.01']]
under the provisions of fas 123r , the recognition of deferred compensation , a contra-equity account representing the amount of unrecognized restricted stock expense that is reduced as expense is recognized , at the date restricted stock is granted is no longer permitted .therefore , upon adoption of fas 123r , the amount of deferred compensation that had been reflected in unearned stock grant compensation was reclassified to additional paid-in capital in the company 2019s consolidated balance sheet .restricted stock units the company 2019s 2004 ltip also provides for grants of other awards , including restricted stock units .the company generally grants restricted stock units with a 4-year vesting period , based on a graded vesting schedule .each restricted stock unit repre- sents the company 2019s obligation to deliver to the holder one share of common shares upon vesting .during 2008 , the company awarded 223588 restricted stock units to officers of the company and its subsidiaries with a weighted-average grant date fair value of $ 59.93 .during 2007 , 108870 restricted stock units , with a weighted-average grant date fair value of $ 56.29 were awarded to officers of the company and its subsidiaries .during 2006 , 83370 restricted stock units , with a weighted-average grant date fair value of $ 56.36 were awarded to officers of the company and its subsidiaries .the company also grants restricted stock units with a 1-year vesting period to non-management directors .delivery of common shares on account of these restricted stock units to non-management directors is deferred until six months after the date of the non-management directors 2019 termination from the board .during 2008 , 2007 , and 2006 , 40362 restricted stock units , 29676 restricted stock units , and 23092 restricted stock units , respectively , were awarded to non-management direc- the espp gives participating employees the right to purchase common shares through payroll deductions during consecutive 201csubscription periods . 201d annual purchases by participants are limited to the number of whole shares that can be purchased by an amount equal to ten percent of the participant 2019s compensation or $ 25000 , whichever is less .the espp has two six-month subscription periods , the first of which runs between january 1 and june 30 and the second of which runs between july 1 and december 31 of each year .the amounts that have been collected from participants during a subscription period are used on the 201cexercise date 201d to purchase full shares of common shares .an exercise date is generally the last trading day of a sub- scription period .the number of shares purchased is equal to the total amount , as of the exercise date , that has been collected from the participants through payroll deductions for that subscription period , divided by the 201cpurchase price 201d , rounded down to the next full share .effective for and from the second subscription period of 2007 , the purchase price is 85 percent of the fair value of a common share on the exercise date .prior to the second subscription period of 2007 , the purchase price was calculated as the lower of ( i ) 85 percent of the fair value of a common share on the first day of the subscription period , or .

Question: what is the net change in the number of unvested restricted stocks in 2007?
Answer: 242518