Stock-Based Compensation |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Stock-Based Compensation | 8. Stock-Based Compensation Service-Based Stock Options During the nine months ended September 30, 2021, the Company granted options with service-based vesting conditions for the purchase of 3,942,080 shares of common stock with a weighted average exercise price of $16.01 per share and a weighted average grant-date fair value of $10.69 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 September 30, 2021, total unrecognized compensation cost related to the unvested stock-based awards was $67.0 million, which is expected to be recognized over a weighted average period of 2.6 years. |
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