Sunlight Financial Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - sunl-20230331.htm

Equity and Earnings per Share - Compensation Awards Activity - Successor (Details)

v3.23.1

Equity and Earnings per Share - Compensation Awards Activity - Successor (Details) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Provisionally-Vested Class A Shares
Per Share
Outstanding (in usd per share)	$ 9.46	$ 9.46
Issued (in usd per share)		0
Vested (in usd per share)	9.46	9.46
Forfeited or Cancelled (in usd per share)	0	9.46
Outstanding (in usd per share)	$ 9.46	$ 9.46
Shares
Outstanding (in shares)	145,970	337,193
Issued (in shares)		0
Vested (in shares)	(33,610)	(38,547)
Forfeited or Cancelled (in shares)	0	(30,915)
Outstanding (in shares)	112,360	267,731
Provisionally-Vested Class EX Units
Per Share
Outstanding (in usd per share)	$ 9.46	$ 9.46
Issued (in usd per share)		5.04
Vested (in usd per share)	9.46	9.46
Forfeited or Cancelled (in usd per share)	0	9.46
Outstanding (in usd per share)	$ 9.46	$ 9.02
Shares
Outstanding (in shares)	189,158	974,447
Issued (in shares)		70,991
Vested (in shares)	(137,044)	(171,959)
Forfeited or Cancelled (in shares)	0	(162,929)
Outstanding (in shares)	52,114	710,550
Director RSUs
Per Share
Outstanding (in usd per share)	$ 4.37	$ 9.46
Issued (in usd per share)		0
Vested (in usd per share)	0	0
Forfeited or Cancelled (in usd per share)	0	0
Outstanding (in usd per share)	$ 4.37	$ 9.46
Shares
Outstanding (in shares)	171,624	75,000
Issued (in shares)		0
Vested (in shares)	0	0
Forfeited or Cancelled (in shares)	0	0
Outstanding (in shares)	171,624	75,000
Employee RSUs
Per Share
Outstanding (in usd per share)	$ 3.97	$ 8.97
Issued (in usd per share)		0
Vested (in usd per share)	1.55	0
Forfeited or Cancelled (in usd per share)	3.82	9.22
Outstanding (in usd per share)	$ 4.38	$ 8.92
Shares
Outstanding (in shares)	5,703,195	2,136,129
Issued (in shares)		0
Vested (in shares)	(1,058,653)	0
Forfeited or Cancelled (in shares)	(455,795)	(343,261)
Outstanding (in shares)	4,188,747	1,792,868

- Definition

The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period.

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Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event.

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The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).

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The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).

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- Definition

The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.

+ References

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-Publisher FASB
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-SubTopic 10
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Per share or unit weighted-average fair value of nonvested award under share-based payment arrangement. Excludes share and unit options.

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- Definition

The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period.

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The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement.

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