v3.25.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Awards
The following table summarizes the Company's RSA activity during the years ended December 31, 2024, 2023 and 2022:
Number of SharesWeighted-Average Grant Date Fair Value
Balance December 31, 202136,176 $29.30 
Granted35,244 $37.17 
Vested(36,176)$29.30 
Balance December 31, 202235,244 $37.17 
Granted28,946 $44.44 
Vested(35,244)$37.17 
Balance December 31, 202328,946 $44.44 
Granted36,346 $38.11 
Vested(28,946)$44.44 
Balance December 31, 202436,346 $38.11 
Schedule of Restricted Stock Units
The following table summarizes the Company's Time-Based RSU activity during the years ended December 31, 2024, 2023 and 2022:
Number of SharesWeighted-Average Grant Date Fair Value
Balance December 31, 2021997,451 $18.54 
Granted377,804 $35.40 
Forfeited(106,570)$31.35 
Vested(478,906)$16.42 
Balance December 31, 2022789,779 $26.16 
Granted213,388 $50.74 
Forfeited(61,848)$36.75 
Vested(322,483)$21.38 
Balance December 31, 2023618,836 $36.07 
Granted273,524 $48.68 
Forfeited(45,544)$46.58 
Vested(270,164)$30.41 
Balance December 31, 2024576,652 $43.87 
The following table summarizes the Company's Performance-Based RSU award activity during the years ended December 31, 2024 and 2023 and 2022:
Number of SharesWeighted-Average Grant Date Fair Value
Balance December 31, 20211,536,394 $26.34 
Granted745,079 $42.34 
Forfeited(74,071)$41.66 
Vested(313,152)$16.45 
Balance December 31, 20221,894,250 $33.67 
Granted376,826 $69.52 
Forfeited(37,451)$47.52 
Vested(293,934)$16.34 
Balance December 31, 20231,939,691 $42.95 
Granted295,833 $66.60 
Forfeited(62,074)$63.46 
Vested(404,990)$39.30 
Balance December 31, 20241,768,460 $47.02 
Schedule of Stock Option Awards
The following table summarizes the Company's stock option activity during the years ended December 31, 2024, 2023 and 2022:
WillScot OptionsWeighted-Average Exercise Price per ShareConverted
Mobile Mini Options
Weighted-Average Exercise Price per Share
Balance at December 31, 2021534,188 $13.60 1,527,643 $14.66 
Exercised— $— (663,367)$16.93 
Balance at December 31, 2022534,188 $13.60 864,276 $12.91 
Exercised— $— (35,030)$14.21 
Balance at December 31, 2023534,188 $13.60 829,246 $12.86 
Exercised— $— (14,357)$17.59 
Balance at December 31, 2024534,188 $13.60 814,889 $12.77 
Fully vested and exercisable options, December 31, 2024
534,188 $13.60 814,889 $12.77