Stock-Based Compensation |
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Mar. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||
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| Stock-Based Compensation | 8. Stock-Based Compensation Service-Based Stock Options During the three months ended March 31, 2021, the Company granted options with service-based vesting conditions for the purchase of 2,459,661 shares of common stock with a weighted average exercise price of $12.53 per share and a weighted average grant-date fair value of $8.37 per share. Stock-Based Compensation The Company recorded stock-based compensation expense in the following expense categories of its condensed consolidated statements of operations and comprehensive loss (in thousands):
As of March 31, 2021, total unrecognized compensation cost related to the unvested stock-based awards was $60.4 million, which is expected to be recognized over a weighted average period of 2.4 years. |
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