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Common Stock
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Common Stock

10. Common Stock

As of December 31, 2022, the authorized capital of the Company included 300,000,000 shares of common stock, of which 83,287,639 shares of common stock were issued and outstanding.

On all matters to be voted upon by the holders of common stock, holders of common stock are entitled to one vote per share. The holders of common stock are entitled to receive dividends, when declared by the board, and to share ratably in the Company’s assets legally available for distribution to the holders of the Company’s stock in the event of liquidation. The holders of common stock have no preemptive, redemption or conversion rights.

As of December 31, 2022, the Company had the following reserved shares of common stock:

 

Outstanding options

 

 

13,632,278

 

Outstanding restricted stock units

 

 

161,750

 

Outstanding performance-based restricted stock units

 

 

724,970

 

Shares reserved for future grant under 2020 Incentive Award Plan

 

 

7,961,066

 

Shares reserved under ESPP

 

 

1,157,964

 

 

 

 

23,638,028