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Common Stock
6 Months Ended
Jun. 30, 2022
Stockholders' Equity Note [Abstract]  
Common Stock

10. Common Stock

Common Stock

On April 30, 2021, the Company’s stockholders approved the third amended and restated certificate of incorporation of the Company, which included the authorization of 10,000,000 shares of undesignated preferred stock with a par value of $0.0001, authorization of 140,000,000 shares of voting common stock and 10,000,000 shares of non-voting common stock. As of June 30, 2022, no undesignated preferred stock was outstanding.

Common Stock Reserved

The number of shares of common stock that have been reserved for the potential conversion of Preferred Stock, outstanding stock options granted and stock options available for grant under the Company’s 2021 Stock Option and Incentive Plan (the “2021 Plan”) and

the 2018 Equity Incentive Plan (the “2018 Plan”) and shares reserved for issuance under the Company’s 2021 Employee Stock Purchase Plan (the “2021 ESPP”) are as follows:

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Restricted stock related to early exercise of common stock options

 

 

338,064

 

 

 

538,340

 

Restricted stock units outstanding

 

 

860,263

 

 

 

 

Outstanding common stock options

 

 

6,178,773

 

 

 

3,643,796

 

Shares reserved for issuance under equity incentive plans

 

 

1,367,931

 

 

 

2,702,995

 

Shares reserved for issuance under the 2021 Employee Stock Purchase Plan

 

 

1,231,439

 

 

 

837,088

 

Total

 

 

9,976,470

 

 

 

7,722,219