Quarterly report pursuant to Section 13 or 15(d)

Stock Incentive Plan (Tables)

v3.20.2
Stock Incentive Plan (Tables)
9 Months Ended
Sep. 30, 2020
Stock Incentive Plan  
Summary of stock option activity

Options

Weighted Average Exercise Price

Weighted Average Remaining Contractual Life

Aggregate Intrinsic Value (in thousands)

Outstanding, December 31, 2019

3,420,181

$ 12.69

5.7

$ 26,074

Granted

647,090

$ 9.19

Exercised

(326,622)

$ 5.22

Cancelled

(103,586)

$ 20.18

Outstanding, September 30, 2020

3,637,063

$ 12.52

5.93

$ 10,901

Exercisable, September 30, 2020

2,127,093

$ 9.78

$ 9,125

Schedule of weighted-average assumptions for options granted

Nine months ended September 30,

    

2020

2019

    

Expected term (in years)

 

5.69

5.76

Expected volatility

 

59.25

%  

56.03

%  

Risk free rate

 

0.35

%  

1.54

%  

Expected dividends

 

%  

%  

Summary of stock unit activity

Outstanding Stock Units

Stock Units

Weighted-Average Fair Value at Date of Grant per Share

Weighted Average Remaining Vesting Life

Aggregate Intrinsic Value (in thousands)

Unvested December 31, 2019

1,113,696

$ 21.62

2.26

$ 19,800

Granted

995,940

$ 9.52

Released

(168,311)

$ 18.80

Forfeited

(81,555)

$ 18.91

Unvested September 30, 2020

1,859,770

$ 15.51

2.45

$ 21,572

Vested and Expected to Vest

1,859,770

$ 15.51