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Common Stock Warrant and Option Exercises and Employee Stock Purchases
12 Months Ended
Dec. 31, 2016
Common Stock Warrant and Option Exercises and Employee Stock Purchases  
Common Stock Warrant and Option Exercises and Employee Stock Purchases

8. Common Stock Warrant and Option Exercises and Employee Stock Purchases

 

The Company issued 1,491,000, 3,402,000,  and 5,932,000 shares of common stock and received total proceeds of $2.2 million, $2.5 million, and $8.5 million for warrant and stock option exercises and employee stock purchases under the Stock Purchase Plan during the years ended December 31, 2016, 2015 and 2014, respectively, as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

 

    

 

 

 

 

 

 

 

2016

 

2015

 

2014

 

(In thousands)

 

Shares

 

Proceeds

 

Shares

 

Proceeds

 

Shares

 

Proceeds

 

Warrant exercises

 

1,370

 

$

2,000

 

2,968

 

$

1,888

 

5,544

 

$

7,534

 

Stock option exercises

 

 —

 

 

 —

 

406

 

 

584

 

374

 

 

890

 

Employee stock purchases

 

121

 

 

172

 

28

 

 

74

 

14

 

 

32

 

Total

 

1,491

 

$

2,172

 

3,402

 

$

2,546

 

5,932

 

$

8,456