Quarterly report pursuant to Section 13 or 15(d)

Stock Incentive Plan (Tables)

v3.22.2
Stock Incentive Plan (Tables)
6 Months Ended
Jun. 30, 2022
Stock Incentive Plan  
Stock Option Activity

 

 

Options Outstanding

 

 

 

Number of Shares Subject to Options

 

 

Weighted-Average Exercise Price

 

Balances at January 1, 2021

 

 

1,258,577

 

 

$ 4.47

 

Granted

 

 

403,476

 

 

 

6.27

 

Forfeited

 

 

(115,151 )

 

 

6.49

 

Exercised

 

 

(2,913 )

 

 

6.00

 

Balances at December 31, 2021

 

 

1,543,989

 

 

 

4.78

 

Granted(1)

 

 

578,064

 

 

 

2.80

 

Forfeited(2)

 

 

(205,933 )

 

 

5.54

 

Exercised

 

 

(40,532 )

 

 

0.001

 

Balances at June 30, 2022

 

 

1,875,588

 

 

 

4.19

 

Unvested options outstanding expected to vest (3)

 

 

575,424

 

 

 

4.06

 

Options Outstanding

Exercise Prices

 

Number of Shares Subject to Options Outstanding

 

 

Weighted-Average Remaining Contractual Term in Years

 

 

Number of Shares Subject to Options Fully Vested and Exercisable

 

 

Weighted-Average Remaining Contractual Term in Years

 

$0.001-$5.00

 

 

998,501

 

 

 

6.38

 

 

 

598,613

 

 

 

4.22

 

$5.01-$10.00

 

 

739,814

 

 

 

5.87

 

 

 

579,682

 

 

 

5.16

 

$10.01-$15.00

 

 

131,148

 

 

 

6.55

 

 

 

115,744

 

 

 

6.41

 

$15.01-$20.00

 

 

6,125

 

 

 

7.59

 

 

 

6,125

 

 

 

7.59

 

 

 

 

1,875,588

 

 

 

6.19

 

 

 

1,300,164

 

 

 

4.85

 

Restricted Stock Unit Activity

 

 

Restricted Stock Units

 

 

Weighted-Average Grant Date Fair Value per Unit

 

Unvested balance at January 1, 2021

 

 

40,066

 

 

$ 12.93

 

Granted

 

 

124,374

 

 

 

6.81

 

Vested

 

 

(49,758 )

 

 

8.04

 

Forfeited

 

 

(3,220 )

 

 

7.52

 

Unvested balance at January 1, 2022

 

 

111,462

 

 

 

8.44

 

Granted

 

 

403,522

 

 

 

2.80

 

Vested

 

 

(80,603 )

 

 

4.64

 

Forfeited

 

 

(92,628 )

 

 

4.01

 

Unvested Balance at June 30, 2022

 

 

341,753

 

 

 

3.88

 

Schedule Of Stock Option Grants And Fair Values

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options granted

 

 

25,000

 

 

 

105,000

 

 

 

578,064

 

 

 

301,476

 

Weighted-average grant date fair value per share

 

$ 2.00

 

 

$ 4.16

 

 

$ 2.11

 

 

$ 4.64

 

Fair value of shares vested

 

$ 260,251

 

 

$ 302,395

 

 

$ 552,578

 

 

$ 558,018