2017 | 2016 | 2015 | ||||
Outstanding, beginning of the year | 1,322,829 | 368,831 | — | |||
Granted during the year | 486,238 | 1,053,998 | 368,831 | |||
Forfeited during the year | — | — | — | |||
Vested during the year | — | (100,000 | ) | — | ||
Outstanding, end of the year | 1,809,067 | 1,322,829 | 368,831 |
2017 | 2016 | 2015 | ||||
Outstanding, beginning of the year | 840,000 | — | — | |||
Granted during the year | 60,000 | 1,500,000 | — | |||
Forfeited during the year | — | (660,000 | ) | — | ||
Outstanding, end of the year | 900,000 | 840,000 | — |