Annual report pursuant to Section 13 and 15(d)

Orion Office REIT, Equity-Based Compensation (Tables)

v3.24.0.1
Orion Office REIT, Equity-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity
The following table details the activity of the Time-Based RSUs during the year ended December 31, 2023:
Time-Based RSUs Weighted-Average Grant Date Fair Value
Unvested units, December 31, 2022
 156,947  $ 17.12 
Granted 363,745  $ 7.10 
Vested (75,556) $ (16.17)
Forfeited —  $ — 
Unvested units, December 31, 2023
 445,136  $ 9.09 
The following table details the activity of the Performance-Based RSUs during the year ended December 31, 2023:
Performance-Based RSUs Weighted-Average Grant Date Fair Value
Unvested units, December 31, 2022
 212,154  $ 13.65 
Granted 509,273  $ 5.83 
Vested —  $ — 
Forfeited —  $ — 
Unvested units, December 31, 2023
 721,427  $ 8.13