Company: DBRG
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001679688-25-000100
Chunk: 66

Company: DigitalBridge Group, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 66
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15.68 Granted2,809,311 — 46,412 832,574 485,902 4,174,199 9.32 9.86 Vested(1,869,769)— (31,373)(4,435)— (1,905,577)— 15.45 Forfeited(52,474)— — (181,452)(185,675)(419,601)27.36 11.21 Unvested shares and units at September 30, 20254,086,895 125,000 45,858 659,992 931,484 5,849,229 10.45 11.61 __________(1)    Represents the number of LTIP units granted subject to vesting upon achievement of market condition. LTIP units that do not meet the market condition within the measurement period are forfeited. (2)    Represents the number of RSUs granted subject to vesting upon achievement of performance condition. RSUs that do not meet the performance condition at the end of the measurement period are forfeited.     (3)    Number of PSUs granted does not reflect potential increases or decreases that could result from the final outcome based upon the total shareholder return measured at the end of the performance period. PSUs for which the total shareholder return is not met at the end of the performance period  are forfeited. PSUs for which the probability of meeting the DE target changes during the measurement period are reflected as either additional units granted or forfeited. Fair value of equity awards that vested, determined based upon their respective fair values at vesting date, totaled $2.0 million and $1.7 million for the three months ended September 30, 2025 and 2024, respectively, and $18.9 million and $31.7 million for the nine months ended September 30, 2025 and 2024, respectively.

At September 30, 2025, aggregate unrecognized compensation cost for all unvested equity awards was $35.9 million, which is expected to be recognized over a weighted average period of 2.0 years. 

13. Variable Interest Entities A VIE is an entity that either (i) lacks sufficient equity to finance its activities without additional subordinated financial support from other parties; (ii) has equity holders who lack the characteristics of a controlling financial interest; and/or (iii) is established