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Stockholders' Equity
 9 Months Ended
Sep. 30, 2016
Stockholders' Equity  
Stockholders' Equity

 

6.Stockholders’ Equity

 

As of September 30, 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 September 30, 2016, the Company had reserved a total of 9,440,315 of its authorized shares of common stock for future issuance as follows:

 

Outstanding stock options

 
4,943,556 

 

Possible future issuance under 2014 Equity Incentive Plan

 
3,084,881 

 

Outstanding restricted stock units

 
1,411,878 

 

 

 

 

 

Total shares of common stock reserved for future issuance

 
9,440,315 

 

 

 

 

 

 

The compensation committee of the Company’s board of directors, acting under authority delegated from the board of directors, granted on October 1, 2016 option awards to employees and an independent director to purchase an aggregate of 37,347 shares of common stock at an exercise price of $38.29 and restricted stock unit awards for an aggregate of 15,324 shares of common stock, in each case under the 2014 Equity Incentive Plan (as defined in Note 7 below).