Quarterly report pursuant to Section 13 or 15(d)

Equity Incentive Plans (Tables)

v3.22.1
Equity Incentive Plans (Tables)
3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

A summary of option activities under the 2005 Stock Plan, as amended in January 2010 and November 2012 (the "2005 Plan") and 2017 Equity Incentive Plan (the “2017 Plan") during the three months ended March 31, 2022 is as follows:

 

 

 

Number
of Options
Outstanding

 

 

Weighted
Average
Exercise
Price

 

Outstanding as of December 31, 2021

 

 

783,928

 

 

$

28.00

 

Granted

 

 

454,678

 

 

$

26.50

 

Exercised

 

 

(8,528

)

 

$

1.43

 

Canceled

 

 

(11,699

)

 

$

38.20

 

Outstanding as of March 31, 2022

 

 

1,218,379

 

 

$

27.51

 

Schedule of Outstanding Restricted Stock Units Awards Activity

A summary of restricted stock unit ("RSU") activities under the 2017 Plan during the three months ended March 31, 2022 is as follows:

 

 

 

Number of Restricted Stock Units

 

 

Weighted
Average
Grant Date Fair Value per RSU

 

Unvested awards outstanding as of December 31, 2021

 

 

128,810

 

 

$

35.09

 

Granted

 

 

154,379

 

 

$

26.50

 

Vested

 

 

(22,755

)

 

$

25.35

 

Unvested awards outstanding as of March 31, 2022

 

 

260,434

 

 

$

30.85

 

Schedule of Stock-Based Compensation Expense Recorded in Condensed Consolidated Statements of Operations

Total stock-based compensation expense associated with the 2005 Plan, 2017 Plan and 2017 ESPP is recorded in the condensed consolidated statements of operations and was allocated as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Cost of revenues

 

$

456

 

 

$

392

 

Sales and marketing

 

 

463

 

 

 

371

 

Research and development

 

 

234

 

 

 

181

 

General and administrative

 

 

702

 

 

 

431

 

Total

 

$

1,855

 

 

$

1,375