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Equity-based Compensation
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Equity-based Compensation
Note 9 - Equity-based Compensation
Equity Incentive Plan
Under the Getty Images Holdings, Inc. 2022 Equity Incentive Plan (“2022 Plan”), the Company has awarded restricted stock units subject to time-based vesting, performance stock units subject to time-based vesting and achieving future performance criteria, and stock options subject to time-based vesting. The Company granted 1.2 million awards under the 2022 Plan during six months ended June 30, 2024. Under the 2022 Plan, up to 51.1 million shares of Class A common stock are reserved for issuance, of which 9.3 million are available to be issued as of June 30, 2024.

    
The Getty Images Holdings, Inc. Earn Out Plan (“Earn Out Plan”) provides for the grant of restricted stock units, which generally vest upon grant. Under the Earn Out Plan, up to 6.0 million shares of Class A common stock are reserved for issuance, of which 21.3 thousand are available to be issued as of June 30, 2024. The Company granted 1.4 million awards under the Earn Out Plan during six months ended June 30, 2024.
Equity-based compensation expense is recorded in “Selling, general and administrative expenses” in the condensed consolidated statements of operations, net of estimated forfeitures. The Company recognized equity-based compensation - net of estimated forfeitures of $4.4 million and $14.4 million for the three and six months ended June 30, 2024, respectively. The Company recognized equity-based compensation - net of estimated forfeitures of $12.1 million and $19.0 million for the three and six months ended June 30, 2023, respectively. The Company capitalized $0.4 million and $1.2 million of equity-based compensation expense associated with the cost of developing internal-use software during the three and six months ended June 30, 2024, respectively. The Company capitalized $0.2 million and $1.0 million of equity-based compensation expense associated with the cost of developing internal-use software during the three and six months ended June 30, 2023, respectively.