Quarterly report pursuant to Section 13 or 15(d)

Stock Plans and Stock-Based Compensation

v3.3.0.814
Stock Plans and Stock-Based Compensation
9 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Plans and Stock-Based Compensation

9. Stock Plans and Stock-Based Compensation

Stock Plans

On January 1, 2015, the share reserve of the Company’s 2013 Equity Incentive Plan, or 2013 Plan, automatically increased by 734,805 shares. From plan inception through September 30, 2015, the Company had granted options for an aggregate of 1,754,350 shares of the Company’s common stock under the 2013 Plan.

Stock-Based Compensation Expense

Employee and Director Expense

Employee and director stock-based compensation expense recorded was as follows (in thousands):

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2015      2014      2015      2014  
     (unaudited)      (unaudited)  

Research and development

   $ 213       $ 73       $ 607       $ 251   

General and administrative

     349         152         1,245         761   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 562       $ 225       $ 1,852       $ 1,012