- The intrinsic value of restricted stock awards vested during the years ended December 31, 2016, 2015 and 2014 was $25 million, $31 million and $17 million, respectively. Restricted stock awards made to employees have vesting periods ranging from 1 year with variable vesting dates to 10 years. Following is a summary of the future vesting of our outstanding restricted stock awards:
- Year Vesting of Restricted Shares
- 2017 1,476,832
- 2018 2,352,443
- 2019 4,358,728
- 2020 539,790
- 2021 199,850
- Thereafter 110,494
- Total Outstanding 9,038,137