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Stock Option Plan (Tables)
3 Months Ended
Mar. 31, 2021
Summary of Stock Options Outstanding and Exercisable by Exercise Price

The stock options outstanding and exercisable by exercise price at March 31, 2022 are as follows:

 

 

 

 

 

Options Outstanding

 

 

Options Vested and Exercisable

 

Exercise Price

 

 

Number

Outstanding

 

 

Weighted-

Average

Remaining

Contractual

Life (Years)

 

 

Weighted-

Average

Exercise

Price

 

 

Number

Exercisable

 

 

Weighted-

Average

Exercise

Price

 

$

0.16

 

 

 

11,950

 

 

 

1.8

 

 

$

0.16

 

 

 

11,950

 

 

$

0.16

 

 

0.37

 

 

 

23,050

 

 

 

3.2

 

 

 

0.37

 

 

 

23,050

 

 

 

0.37

 

 

0.97

 

 

 

29,300

 

 

 

3.9

 

 

 

0.97

 

 

 

29,300

 

 

 

0.97

 

 

2.51

 

 

 

58,780

 

 

 

4.4

 

 

 

2.51

 

 

 

58,780

 

 

 

2.51

 

 

2.89

 

 

 

43,000

 

 

 

4.9

 

 

 

2.89

 

 

 

43,000

 

 

 

2.89

 

 

2.93

 

 

 

255,422

 

 

 

5.2

 

 

 

2.93

 

 

 

250,606

 

 

 

2.93

 

 

3.18

 

 

 

83,057

 

 

 

5.3

 

 

 

3.18

 

 

 

75,222

 

 

 

3.18

 

 

 

 

 

 

504,559

 

 

 

 

 

 

 

 

 

 

 

491,908

 

 

 

 

 

 

Summary of Restricted Stock Units Activity

The Company’s restricted stock units activity is summarized as follows:

 

 

 

Units

Issued and

Outstanding

 

 

Weighted-Average

Grant Date

Fair Value

 

As of December 31, 2021

 

 

474,450

 

 

$

9.28

 

Granted

 

 

15,000

 

 

 

11.98

 

Released

 

 

(26,319

)

 

 

8.44

 

Canceled

 

 

(20,656

)

 

 

11.92

 

As of March 31, 2022

 

 

442,475

 

 

 

9.29

 

2012 Stock Option Plan  
Summary of Stock Award and Option Activity Under Stock Incentive Plan

The Company’s stock award activity under the stock incentive plan is summarized as follows:

 

 

Awards Available for

Grant

 

As of December 31, 2021

 

 

6,072,181

 

Authorized

 

 

717,163

 

Granted

 

 

(15,000

)

Canceled

 

 

20,823

 

As of March 31, 2022

 

 

6,795,167

 

 

 

The Company’s stock option activity under the stock incentive plan is summarized as follows:

 

 

 

Options

Issued and

Outstanding

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Term

(Years)

 

 

Aggregate

Intrinsic

Value

(in thousands)

 

As of December 31, 2021

 

 

584,243

 

 

$

2.51

 

 

 

5.0

 

 

$

7,438

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised (1)

 

 

(79,517

)

 

 

1.79

 

 

 

 

 

 

 

Canceled

 

 

(167

)

 

 

2.93

 

 

 

 

 

 

 

As of March 31, 2022

 

 

504,559

 

 

 

2.62

 

 

 

4.9

 

 

 

3,746

 

Options vested and expected to vest as of March 31, 2022

 

 

504,559

 

 

 

2.62

 

 

 

4.9

 

 

 

3,746

 

Options vested and exercisable as of March 31, 2022

 

 

491,908

 

 

 

2.61

 

 

 

4.8

 

 

 

3,658

 

 

(1)    Includes vesting of early-exercised options.