Company: ASGN
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000890564-25-000008
Chunk: 81

Company: ASGN Inc
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 81
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 expectations regarding the relevant performance criteria. Compensation expense for all other RSUs are recognized on a straight-line basis, net of an estimated forfeiture rate over the requisite service period of the award. A summary of the Company’s RSU activity is presented below (in millions, except fair value per unit):  Performance/Market and Service ConditionsService ConditionsTotalWeighted-Average Grant-Date Fair Value Per UnitDecember 31, 2023 0.6 0.6 1.2 $92.34 Granted0.2 0.2 0.4 98.03 Vested(0.2)(0.3)(0.5)95.29 Forfeited(0.1)— (0.1)90.21 December 31, 20240.5 0.5 1.0 93.66 Expected to vest 0.5 0.5 1.0 93.68     __________________Vested shares include 0.2 million shares surrendered for payment of employee income taxes. A portion of these shares were available for re-issuance under the 2010 Plan.As of December 31, 2024, there was unrecognized compensation expense of $48.1 million related to unvested RSUs based on awards that are expected to vest. The unrecognized compensation expense is expected to be recognized over a weighted-average period of approximately 1.5 years. The fair value of RSUs that vested was $45.5 million in 2024, $50.2 million in 2023, and $49.3 million in 2022. The weighted-average grant-date fair value per unit of RSUs was $98.03 in 2024, $76.69 in 2023, and $110.62 in 2022. Employee Stock Purchase Plan — The stockholders of the Company approved the Second Amended and Restated 2010 Employee Stock Purchase Plan (“ESPP”) on June 18, 2020. The ESPP allows eligible employees to purchase common stock of the Company, through payroll deductions, at a 15 percent discount of the lower of the market price on the first day or the last day of the semi-annual purchase periods. Participants are required to hold the shares for a 12-month period after the purchase date. The ESPP is intended to qualify as an employee stock purchase plan under the Internal Revenue Service ("IRS") Code Section