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

11. Stockholders’ Equity

The holders of common stock are entitled to one vote for each share.

Authorized Shares

The Company is authorized to issue 1,600,000,000 shares of common stock, $0.001 par value per share, and 50,000,000 shares of preferred stock, $0.001 par value per share.

Common Stock

At June 30, 2022, the Company had reserved a total of 38,782,316 of its 1,600,000,000 shares of common stock for future issuance as follows:

 

 

As of June 30, 2022

 

Outstanding stock options

 

 

7,596,230

 

Restricted stock units

 

 

8,043,664

 

Available for future issuance under stock award plans

 

 

18,557,472

 

Available for future issuance under employee stock purchase plan

 

 

4,584,950

 

Total common shares reserved for future issuance

 

 

38,782,316

 

 

Share Issuances

In addition to common stock issued under the Company's stock plans during the six months ended June 30, 2022, the Company issued 20,564 shares of common stock with a stock price per share of $16.74 for the settlement of contingent consideration related to the FastPay acquisition.