8. Share Capital

The Company had 40,890,954 registered common shares as of September 30, 2017, with a par value of CHF 0.03 per share, which includes 64,227 shares of unvested unissued restricted common stock and 444,873 treasury shares which are legally outstanding but not considered outstanding for accounting purposes.

Conditional Capital Reserved for Future Issuance

The Company had the following conditional capital reserved for future issuance:

	As of
Conditional Capital	September 30, 2017		December 31, 2016
Unvested unissued restricted stock		166,667		166,667
Outstanding stock options		5,778,629		4,535,371
Reserved for future issuance under stock option plans (1)		5,468,024		5,290,643
Shares available for bonds and similar debt instruments		4,919,700		4,919,700
Shares available for employee purchase plans		413,226		413,226
Total		16,746,246		15,325,607

(1)	The Company’s Board of Directors approved an increase to the option pool of 2,012,684 options in May 2017.