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Award Timing Disclosure | 12 Months Ended |
--- | --- | ---
Dec. 31, 2024 | May 07, 2024 USD ($) $ / shares
Award Timing Disclosures [Line Items] |  |
Award Timing MNPI Disclosure | Our practice is to grant annual equity awards at our Compensation and Governance Committee meeting in May of each year and awarded on the date of our Board meeting immediately following that Committee meeting. These meetings are scheduled years in advance and occur in connection with our annual meeting of stockholders. Thus, as in 2024, these equity award grants typically occur within four business days before we file a Current Report on Form 8-K with the SEC to report the results of voting at our annual meeting. Any other equity awards, such as grants to new hires, are generally granted on the date of the next regularly scheduled Board meeting after the new hire or other event to which the award relates. As the grant date for our annual equity awards is scheduled years in advance, our Compensation and Governance Committee did not take material nonpublic information into account when determining the timing and terms of equity awards in 2024, and we do not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. As reported in the Compensation Discussion and Analysis section of this Proxy Statement, the grant date of our 2024 annual equity awards (May 7, 2024) was scheduled years in advance but occurred within four business days before we filed a Current Report on Form 8-K with the SEC to report the results of voting at our 2024 Annual Meeting. In accordance with the requirements of the SEC, the following table discloses additional information with respect to the stock options that we awarded our NEOs on May 7, 2024.
Name | Grant Date | Number of Securities Underlying the Award | Exercise Price of the Award ($/Share) | Grant Date Fair Value of the Award ($)(1) | Percentage Change in the Closing Market Price of the Securities Underlying the Award Between the Trading Day Ending Immediately Prior to the Disclosure of Material Nonpublic Information and the Trading Day Beginning Immediately Following the Disclosure of Material Nonpublic Information(2)
Mr. Zovighian | 05/07/2024 | 178,400 | 85.84 | 5,748,762 | 1.84%
Mr. Ullem | 05/07/2024 | 65,500 | 85.84 | 1,900,561 | 1.84%
Mr. Bobo | 05/07/2024 | 39,600 | 85.84 | 1,149,042 | 1.84%
Mr. Chopra | 05/07/2024 | 37,200 | 85.84 | 1,198,733 | 1.84%
Mr. Wood | 05/07/2024 | 51,700 | 85.84 | 1,500,138 | 1.84%
Mr. Lemercier | 05/07/2024 | 42,200 | 85.84 | 1,224,484 | 1.84%
Ms. Szyman | - | - | - | - | -
(1) The amount reported in this column reflects the grant-date fair value of the option award as determined under the principles used to calculate the grant-date fair value of equity awards for purposes of our financial statements in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718. For a discussion of the assumptions and methodologies used to value the award, please see the discussion of option awards contained in Note 16 of the “Notes to Consolidated Financial Statements” in our 2024 Annual Report. (2) Represents the percentage change in the closing price of our common stock between the trading day ending immediately prior to the disclosure of material nonpublic information (a closing price of $85.84 on May 7, 2024) and the trading day beginning immediately following the disclosure of material nonpublic information (a closing price of $87.42 on May 9, 2024). While we generally do not consider the results of voting at our annual meeting as constituting material nonpublic information, we have treated our Current Report on Form 8-K filed with the SEC to report the results of voting at our 2024 Annual Meeting as including material nonpublic information for purposes of this table. |
Award Timing Method | Our practice is to grant annual equity awards at our Compensation and Governance Committee meeting in May of each year and awarded on the date of our Board meeting immediately following that Committee meeting. These meetings are scheduled years in advance and occur in connection with our annual meeting of stockholders. Thus, as in 2024, these equity award grants typically occur within four business days before we file a Current Report on Form 8-K with the SEC to report the results of voting at our annual meeting. Any other equity awards, such as grants to new hires, are generally granted on the date of the next regularly scheduled Board meeting after the new hire or other event to which the award relates. As the grant date for our annual equity awards is scheduled years in advance, our Compensation and Governance Committee did not take material nonpublic information into account when determining the timing and terms of equity awards in 2024, and we do not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. |
Award Timing Predetermined | true |
Award Timing MNPI Considered | false |
Award Timing, How MNPI Considered | As the grant date for our annual equity awards is scheduled years in advance, our Compensation and Governance Committee did not take material nonpublic information into account when determining the timing and terms of equity awards in 2024, and we do not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. |
MNPI Disclosure Timed for Compensation Value | false |
Awards Close in Time to MNPI Disclosures, Table |
Name | Grant Date | Number of Securities Underlying the Award | Exercise Price of the Award ($/Share) | Grant Date Fair Value of the Award ($)(1) | Percentage Change in the Closing Market Price of the Securities Underlying the Award Between the Trading Day Ending Immediately Prior to the Disclosure of Material Nonpublic Information and the Trading Day Beginning Immediately Following the Disclosure of Material Nonpublic Information(2)
Mr. Zovighian | 05/07/2024 | 178,400 | 85.84 | 5,748,762 | 1.84%
Mr. Ullem | 05/07/2024 | 65,500 | 85.84 | 1,900,561 | 1.84%
Mr. Bobo | 05/07/2024 | 39,600 | 85.84 | 1,149,042 | 1.84%
Mr. Chopra | 05/07/2024 | 37,200 | 85.84 | 1,198,733 | 1.84%
Mr. Wood | 05/07/2024 | 51,700 | 85.84 | 1,500,138 | 1.84%
Mr. Lemercier | 05/07/2024 | 42,200 | 85.84 | 1,224,484 | 1.84%
Ms. Szyman | - | - | - | - | -
(1) The amount reported in this column reflects the grant-date fair value of the option award as determined under the principles used to calculate the grant-date fair value of equity awards for purposes of our financial statements in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718. For a discussion of the assumptions and methodologies used to value the award, please see the discussion of option awards contained in Note 16 of the “Notes to Consolidated Financial Statements” in our 2024 Annual Report. (2) Represents the percentage change in the closing price of our common stock between the trading day ending immediately prior to the disclosure of material nonpublic information (a closing price of $85.84 on May 7, 2024) and the trading day beginning immediately following the disclosure of material nonpublic information (a closing price of $87.42 on May 9, 2024). While we generally do not consider the results of voting at our annual meeting as constituting material nonpublic information, we have treated our Current Report on Form 8-K filed with the SEC to report the results of voting at our 2024 Annual Meeting as including material nonpublic information for purposes of this table. |
Zovighian [Member] |  |
Awards Close in Time to MNPI Disclosures |  |
Name |  | Mr. Zovighian
Underlying Securities |  | 178,400
Exercise Price | $ / shares |  | $ 85.84
Fair Value as of Grant Date |  | $ 5,748,762
Underlying Security Market Price Change |  | 0.0184
Ullem [Member] |  |
Awards Close in Time to MNPI Disclosures |  |
Name |  | Mr. Ullem
Underlying Securities |  | 65,500
Exercise Price | $ / shares |  | $ 85.84
Fair Value as of Grant Date |  | $ 1,900,561
Underlying Security Market Price Change |  | 0.0184
Bobo [Member] |  |
Awards Close in Time to MNPI Disclosures |  |
Name |  | Mr. Bobo
Underlying Securities |  | 39,600
Exercise Price | $ / shares |  | $ 85.84
Fair Value as of Grant Date |  | $ 1,149,042
Underlying Security Market Price Change |  | 0.0184
Chopra [Member] |  |
Awards Close in Time to MNPI Disclosures |  |
Name |  | Mr. Chopra
Underlying Securities |  | 37,200
Exercise Price | $ / shares |  | $ 85.84
Fair Value as of Grant Date |  | $ 1,198,733
Underlying Security Market Price Change |  | 0.0184
Wood [Member] |  |
Awards Close in Time to MNPI Disclosures |  |
Name |  | Mr. Wood
Underlying Securities |  | 51,700
Exercise Price | $ / shares |  | $ 85.84
Fair Value as of Grant Date |  | $ 1,500,138
Underlying Security Market Price Change |  | 0.0184
Lemercier [Member] |  |
Awards Close in Time to MNPI Disclosures |  |
Name |  | Mr. Lemercier
Underlying Securities |  | 42,200
Exercise Price | $ / shares |  | $ 85.84
Fair Value as of Grant Date |  | $ 1,224,484
Underlying Security Market Price Change |  | 0.0184

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