a.k.a. Brands Holding Corp. Quarterly report pursuant to Section 13 or 15(d)

Equity-based Compensation (Tables)

9 Months Ended

Sep. 30, 2024

A summary of the Company's time-based stock option activity under the 2021 Plan for the nine months ended September 30, 2024, is as follows:


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Balance as of December 31, 2023	39,820	$	81.47	8.06	$	—
Granted	—	—
Exercised	—	—
Forfeited/Repurchased	—	—
Balance as of September 30, 2024	39,820	$	81.47	7.31	$	—
Vested as of September 30, 2024	31,190	$	81.03	7.32	$	—

A summary of the Company's time-based RSU activity under the 2021 Plan for the nine months ended September 30, 2024, is as follows:


	Number of Shares	Weighted Average Grant Date Fair Value
Balance as of December 31, 2023	578,913	$	15.67
Granted	395,123	14.75
Vested	(220,744)	15.79
Forfeited/Repurchased	(55,773)	14.52
Balance as of September 30, 2024	697,519	$	15.17

The following table summarizes time-based incentive unit activity under the 2018 Plan for the nine months ended September 30, 2024:


	Number of Units	Weighted Average Grant Date Fair Value		Weighted Average Participation Threshold		Aggregate Intrinsic Value
Balance as of December 31, 2023	1,360,067	$	1.50	$	20.01	$	—
Granted	—	—		—
Vested	(1,058,125)	1.51		19.25
Forfeited/Repurchased	(30,083)	1.34		22.68
Balance as of September 30, 2024	271,859	$	1.47	$	22.68	$	—
Vested as of September 30, 2024	8,919,345

The following table summarizes the Company’s equity-based compensation expense by award type for all Plans:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Stock options	$	183	$	142	$	541	$	390
RSUs	1,601		923		3,971		2,939
ESPP purchase rights	27		3		67		129
Time-based incentive units	325		650		1,408		2,020
Total	$	2,136	$	1,718	$	5,987	$	5,478