Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.21.2
Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Option Activity

The activity for the Company’s 2009 Stock Option Plan, 2014 Plan, and 2015 Plan, for the nine months ended September 30, 2021, is summarized as follows:

 

 

 

Number of

Shares

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Life (in years)

 

 

Aggregate

Intrinsic

Value ($000)

 

Outstanding — December 31, 2020

 

 

830,343

 

 

$

21.52

 

 

 

7.71

 

 

$

96

 

Granted

 

 

838,750

 

 

$

7.36

 

 

 

 

 

 

 

 

 

Forfeited/Cancelled

 

 

(25,587

)

 

$

6.68

 

 

 

 

 

 

 

 

 

Outstanding — September 30, 2021

 

 

1,643,506

 

 

$

14.52

 

 

 

8.20

 

 

$

10

 

Exercisable — September 30, 2021

 

 

674,795

 

 

$

24.03

 

 

 

6.84

 

 

$

 

Vested or expected to vest — September 30, 2021

 

 

1,643,506

 

 

$

14.52

 

 

 

8.20

 

 

$

10

 

 

Schedule of Restricted Stock Units ("RSU") Activity

Restricted stock unit (“RSU”) activity under the 2014 Plan and 2015 Plan for the nine months ended September 30, 2021, is summarized as follows:

 

 

 

Number of

Shares

 

 

Weighted

Average

Grant Date

Fair Value

Per Share

 

Non-vested at December 31, 2020

 

 

29,087

 

 

$

9.52

 

Granted

 

 

130,175

 

 

$

7.83

 

Vested

 

 

(7,928

)

 

$

11.85

 

Forfeited

 

 

(2,200

)

 

$

7.47

 

Non-vested at September 30, 2021

 

 

149,134

 

 

$

7.95

 

Stock-Based Compensation Expense Related to Stock Options

Stock-based compensation expense related to stock options is included in the following line items in the accompanying unaudited condensed consolidated statements of operations (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Research and development

 

$

174

 

 

$

130

 

 

$

436

 

 

$

394

 

Selling, general and administrative

 

 

414

 

 

 

269

 

 

 

1,092

 

 

 

826

 

Total

 

$

588

 

 

$

399

 

 

$

1,528

 

 

$

1,220