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Stock-Based Compensation | 9 Months Ended
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Sep. 30, 2022
Share-Based Payment Arrangement [Abstract] |
Stock-Based Compensation | Stock-Based Compensation On June 8, 2022, 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. In connection with our Restructuring Plan, we recorded the benefit for the forfeitures of stock awards from employees who were terminated as part of our reduction-in-force during the nine months ended September 30, 2022. We recognized total stock-based compensation expense in our Condensed Consolidated Statements of Operations as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Cost of goods sold | $ | 720 |  |  | $ | 688 |  |  | $ | 2,037 |  |  | $ | 2,131 |
Research and development | 5,422 |  |  | 14,138 |  |  | 22,215 |  |  | 41,779 |
General and administrative | 5,369 |  |  | 9,831 |  |  | 18,401 |  |  | 28,359 |
Restructuring, impairment and other costs of terminated program | 1,007 |  |  | — |  |  | 1,929 |  |  | — |
Total stock-based compensation | $ | 12,518 |  |  | $ | 24,657 |  |  | $ | 44,582 |  |  | $ | 72,269 |
We issued stock-based awards of our common stock as follows (shares in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Options granted | 5,890 |  |  | 397 |  |  | 6,019 |  |  | 674 |
Weighted-average grant-date fair value of options granted | $ | 3.23 |  |  | $ | 9.36 |  |  | $ | 3.24 |  |  | $ | 9.72 |
RSUs granted | 3,896 |  |  | 727 |  |  | 4,905 |  |  | 1,614 |
Weighted-average grant-date fair value of RSUs granted | $ | 4.73 |  |  | $ | 16.48 |  |  | $ | 4.98 |  |  | $ | 17.98 |

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