v3.4.0.3
Stockholders' Equity
 3 Months Ended
Mar. 31, 2016
Stockholders' Equity  
Stockholders' Equity

6.Stockholders’ Equity

 

As of March 31, 2016, the Company was authorized to issue 205,000,000 total shares of capital stock, consisting of 200,000,000 shares of common stock and 5,000,000 shares of preferred stock. At March 31, 2016, the Company had reserved a total of 10,225,560 of its authorized shares of common stock for future issuance as follows:

 

Outstanding stock options

 
5,019,640 

 

Possible future issuance under 2014 Plan

 
4,194,545 

 

Outstanding restricted stock units

 
1,011,375 

 

 

 

 

 

Total shares of common stock reserved for future issuance

 
10,225,560 

 

 

 

 

 

 

The compensation committee of the Company’s board of directors, acting under authority delegated from the board of directors, granted on April 1, 2016 option awards to employees to purchase an aggregate of 669,013 shares of common stock at an exercise price of $22.67 and restricted stock unit awards for an aggregate of 626,135 shares of common stock, in each case under the 2014 Equity Incentive Plan (as defined in Note 7 below).