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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2019
Stock-Based Compensation  
Summary of Stock-Based Compensation Expense Recognized

The following table presents stock-based compensation expense recognized for stock options, restricted stock units, or RSUs, performance-based restricted stock units, or PRSUs, and the Company’s employee stock purchase program, or ESPP, in the Company’s statements of operations (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

    

2019

    

2018

    

2019

    

2018

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

$

767

 

$

983

 

$

1,527

 

$

1,890

 

General and administrative

 

 

1,156

 

 

1,620

 

 

2,318

 

 

3,138

 

Total

 

$

1,923

 

$

2,603

 

$

3,845

 

$

5,028

 

 

Summary of Total Unrecognized Stock-Based Compensation Expense, Net of Estimated Forfeitures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At June 30, 2019

 

    

Unrecognized Compensation Expense

    

 

Average Vesting Period

 

 

($ thousands)

 

 

(Years)

Stock options grants

 

$

11,208

 

 

3.0

RSU grants

 

 

 —

 

 

 —

PRSU grants

 

 

 —

 

 

 —

ESPP

 

 

29

 

 

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