Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

Text: n o t e s t o c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries the following table shows changes in the company 2019s restricted stock for the years ended december 31 , 2008 , 2007 , and 2006 : number of restricted stock weighted average grant- date fair value . <table class='wikitable'><tr><td>1</td><td>-</td><td>number of restricted stock</td><td>weighted average grant- date fair value</td></tr><tr><td>2</td><td>unvested restricted stock december 31 2005</td><td>3488668</td><td>$ 41.26</td></tr><tr><td>3</td><td>granted</td><td>1632504</td><td>$ 56.05</td></tr><tr><td>4</td><td>vested and issued</td><td>-1181249 ( 1181249 )</td><td>$ 40.20</td></tr><tr><td>5</td><td>forfeited</td><td>-360734 ( 360734 )</td><td>$ 44.04</td></tr><tr><td>6</td><td>unvested restricted stock december 31 2006</td><td>3579189</td><td>$ 48.07</td></tr><tr><td>7</td><td>granted</td><td>1818716</td><td>$ 56.45</td></tr><tr><td>8</td><td>vested and issued</td><td>-1345412 ( 1345412 )</td><td>$ 44.48</td></tr><tr><td>9</td><td>forfeited</td><td>-230786 ( 230786 )</td><td>$ 51.57</td></tr><tr><td>10</td><td>unvested restricted stock december 31 2007</td><td>3821707</td><td>$ 53.12</td></tr><tr><td>11</td><td>granted</td><td>1836532</td><td>$ 59.84</td></tr><tr><td>12</td><td>vested and issued</td><td>-1403826 ( 1403826 )</td><td>$ 50.96</td></tr><tr><td>13</td><td>forfeited</td><td>-371183 ( 371183 )</td><td>$ 53.75</td></tr><tr><td>14</td><td>unvested restricted stock december 31 2008</td><td>3883230</td><td>$ 57.01</td></tr></table> under the provisions of fas 123r , the recognition of deferred compensation , a contra-equity account representing the amount of unrecognized restricted stock expense that is reduced as expense is recognized , at the date restricted stock is granted is no longer permitted . therefore , upon adoption of fas 123r , the amount of deferred compensation that had been reflected in unearned stock grant compensation was reclassified to additional paid-in capital in the company 2019s consolidated balance sheet . restricted stock units the company 2019s 2004 ltip also provides for grants of other awards , including restricted stock units . the company generally grants restricted stock units with a 4-year vesting period , based on a graded vesting schedule . each restricted stock unit repre- sents the company 2019s obligation to deliver to the holder one share of common shares upon vesting . during 2008 , the company awarded 223588 restricted stock units to officers of the company and its subsidiaries with a weighted-average grant date fair value of $ 59.93 . during 2007 , 108870 restricted stock units , with a weighted-average grant date fair value of $ 56.29 were awarded to officers of the company and its subsidiaries . during 2006 , 83370 restricted stock units , with a weighted-average grant date fair value of $ 56.36 were awarded to officers of the company and its subsidiaries . the company also grants restricted stock units with a 1-year vesting period to non-management directors . delivery of common shares on account of these restricted stock units to non-management directors is deferred until six months after the date of the non-management directors 2019 termination from the board . during 2008 , 2007 , and 2006 , 40362 restricted stock units , 29676 restricted stock units , and 23092 restricted stock units , respectively , were awarded to non-management direc- the espp gives participating employees the right to purchase common shares through payroll deductions during consecutive 201csubscription periods . 201d annual purchases by participants are limited to the number of whole shares that can be purchased by an amount equal to ten percent of the participant 2019s compensation or $ 25000 , whichever is less . the espp has two six-month subscription periods , the first of which runs between january 1 and june 30 and the second of which runs between july 1 and december 31 of each year . the amounts that have been collected from participants during a subscription period are used on the 201cexercise date 201d to purchase full shares of common shares . an exercise date is generally the last trading day of a sub- scription period . the number of shares purchased is equal to the total amount , as of the exercise date , that has been collected from the participants through payroll deductions for that subscription period , divided by the 201cpurchase price 201d , rounded down to the next full share . effective for and from the second subscription period of 2007 , the purchase price is 85 percent of the fair value of a common share on the exercise date . prior to the second subscription period of 2007 , the purchase price was calculated as the lower of ( i ) 85 percent of the fair value of a common share on the first day of the subscription period , or .
Question: what is the net impact of granted and vested shares in the number of unvested restricted stocks in 2007?
Answer: 473304.0
Question: what about the total impact of the forfeited shares are included?
Answer: 242518.0
Question: what is the balance of unvested restricted stock as december 31 2008?

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3883230.0
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