Table:
|  | Stock Vested During 2019 |  |
| --- | --- | --- |
| Name | Number of Shares Acquired on Vesting(1) | Value Realized on Vesting(2) |
| Mr. Storey | 1,063,929 | $13,479,617 |
| Mr. Dev | 55,490 | 749,737 |
| Mr. Goff | 114,167 | 1,338,934 |
| Mr. Trezise | 71,576 | 812,600 |
| Mr. Andrews | 16,678 | 221,859 |
Paragraphs:
Vesting of Equity Awards During 2019
The following table provides details regarding the equity awards held by our named executives that vested during 2019. Restricted stock and restricted stock units were the only equity awards held by our named executives during 2019.
(1) Represents both time-vested and performance-based equity awards that vested during 2019. For details on the payout of our performance-based equity awards, please see “Compensation Discussion and Analysis—Our 2019 Compensation Program and Components of Pay—Grants of Long Term Incentive Compensation—Long Term Incentive Performance Updates” and “—Our Compensation Philosophy Objectives and Linkage to Corporate Strategy—Overview of Pay Elements and Linkage to Compensation Philosophy and Corporate Strategy.”
(2) Based on the closing trading price of the Common Shares on the applicable vesting date.
Question:
What is the value realized on vesting based on?
Answer: the closing trading price of the Common Shares on the applicable vesting date