XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.21.2

Stock-Based Compensation | 6 Months Ended
--- | ---
Jun. 30, 2021
Share-based Payment Arrangement [Abstract] |
Stock-Based Compensation | Stock-Based Compensation We recognized total stock-based compensation expense in our Condensed Consolidated Statements of Operations as follows (in thousands):
| Three months ended June 30, |  | Six months ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Cost of goods sold | $ | 716 |  |  | $ | 664 |  |  | $ | 1,443 |  |  | $ | 1,424 |
Research and development | 13,479 |  |  | 14,161 |  |  | 27,641 |  |  | 29,614 |
General and administrative | 9,519 |  |  | 8,546 |  |  | 18,528 |  |  | 16,544 |
Impairment of assets and other costs for terminated program | — |  |  | — |  |  | — |  |  | 1,025 |
Total stock-based compensation | $ | 23,714 |  |  | $ | 23,371 |  |  | $ | 47,612 |  |  | $ | 48,607 |
The stock-based compensation expense reported in impairment of assets and other costs for terminated program resulted from executive severance. We accounted for this as a liability award as of March 31, 2020, which we reclassified into equity in three months ended June 30, 2020. We issued stock-based awards and resulting shares of our common stock as follows (shares in thousands):
| Three months ended June 30, |  | Six months ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Options granted | 157 |  |  | — |  |  | 278 |  |  | 49 |
Weighted-average grant-date fair value of options granted | $ | 9.78 |  |  | $ | — |  |  | $ | 10.23 |  |  | $ | 11.88 |
RSUs granted | 520 |  |  | 275 |  |  | 887 |  |  | 520 |
Weighted-average grant-date fair value of RSUs granted | $ | 18.20 |  |  | $ | 21.65 |  |  | $ | 19.21 |  |  | $ | 20.36 |
Shares issued under equity compensation plans | 1,483 |  |  | 947 |  |  | 3,682 |  |  | 2,305 |
On June 10, 2021, the stockholders of Nektar approved an amendment to the Amended and Restated 2017 Performance Incentive Plan to increase the aggregate number of shares of Common Stock authorized for issuance thereunder by 5,000,000 shares.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration