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
3,488,668
$41.26
Granted
1,632,504
$56.05
Vested and issued
(1,181,249)
$40.20
Forfeited
(360,734)
$44.04
Unvested restricted stock, December 31, 2006
3,579,189
$48.07
Granted
1,818,716
$56.45
Vested and issued
(1,345,412)
$44.48
Forfeited
(230,786)
$51.57
Unvested restricted stock, December 31, 2007
3,821,707
$53.12
Granted
1,836,532
$59.84
Vested and issued
(1,403,826)
$50.96
Forfeited
(371,183)
$53.75
Unvested restricted stock, December 31, 2008
3,883,230
$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: Analyse this data from a financial earnings document. what is the net change in the number of unvested restricted stocks in 2008?
Choices:
3883178.4
61523.0
-3821650
1
61.5
Correct choice index: 1