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Common stock
12 Months Ended
Dec. 31, 2022
Common stock.  
Common stock

10. Common stock

As of December 31, 2022 and 2021, the Company had authorized 120,000,000 shares of common stock, at $0.001 par value per share.

General

The voting, dividend and liquidation rights of the holders of the common stock are subject to and qualified by the rights, powers and preferences of the holders of preferred stock. The common stock has the following characteristics:

Liquidation

The holders of shares of common stock are entitled to share ratably in the Company’s remaining assets available for distribution to its stockholders in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company or upon occurrence of a deemed liquidation event.

Shares Reserved For Future Issuance

As of December 31, 

    

2022

    

2021

 

Shares reserved for vesting of restricted stock awards under the Founder Agreements

 

45,000

137,255

Shares reserved for exercise of outstanding stock options

 

6,199,571

5,013,193

 

Shares reserved for vesting of outstanding restricted stock units

 

1,112,563

806,379

 

Shares reserved for issuances under the 2015 Stock Option Plan

3,536,932

4,374,539

Shares reserved for issuances under the 2015 Employee Stock Purchase Plan

1,884,309

1,659,574

 

12,778,375

11,990,940