Company: DBRG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001679688-25-000017
Chunk: 207

Company: DigitalBridge Group, Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 207
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Us are determined based upon the price of the Company's class A common stock on grant date and recognized immediately if fully vested upon grant, or on a straight-line basis over the vesting period as equity based compensation expense and equity. Equity-based compensation cost in continuing operations is presented on the consolidated statement of operations, as follows. Year Ended December 31,(In thousands)202420232022Compensation expense $35,676 $55,597 $31,281 Administrative expense— 228 1,422 $35,676 $55,825 $32,703 Changes in unvested equity awards are summarized below.Weighted Average Grant Date Fair ValueRestricted StockLTIP Units (1)DSUsRSUs (2)PSUs (3)TotalPSUsAll Other AwardsUnvested shares and units at December 31, 20232,813,369 2,625,000 64,099 599,347 1,274,435 7,376,250 $21.66 $9.80 Granted1,789,205 — 41,594 39,915 199,069 2,069,783 19.27 17.31 Vested(1,289,053)— (74,874)— — (1,363,927)— 17.04 Forfeited(113,694)(2,500,000)— (625,957)(842,247)(4,081,898)25.11 4.98 Unvested shares and units at December 31, 20243,199,827 125,000 30,819 13,305 631,257 4,000,208 16.29 15.68 __________(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