Quarterly report pursuant to Section 13 or 15(d)

Restricted Stock Units (Tables)

v3.20.1
Restricted Stock Units (Tables) - Restricted Stock Units (RSUs)
3 Months Ended
Mar. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Outstanding RSUs

The following table sets forth the activity related to the number of outstanding RSUs for the three months ended March 31, 2020:

 

 

 

Number of

shares

 

 

Weighted-

average

grant date

fair value

(per share)

 

Non-vested as of December 31, 2019

 

 

3,336,095

 

 

$

8.25

 

Vested

 

 

(137,104

)

 

 

8.25

 

Granted

 

 

113,506

 

 

 

6.23

 

Cancelled

 

 

(132,897

)

 

 

8.25

 

Non-vested as of March 31, 2020

 

 

3,179,600

 

 

$

8.18

 

Summary of RSUs Compensation Expense

 

RSUs compensation expense for the three months ended March 31, 2020 was $6.2 million, which was recorded as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Research and development

 

$

1,312

 

 

$

 

Sales and marketing

 

 

1,053

 

 

 

 

General and administrative

 

 

3,839

 

 

 

 

Total

 

$

6,204

 

 

$