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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock-Based Compensation Expense Related to Equity Awards Granted to Employees and Consultants The following table sets forth stock-based compensation expense related to equity awards granted to employees and consultants for all periods presented (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Research and development

 

$

3,795

 

 

$

2,050

 

 

$

6,758

 

 

$

3,641

 

Selling, general and administrative

 

 

4,843

 

 

 

2,732

 

 

 

8,861

 

 

 

4,772

 

Total

 

$

8,638

 

 

$

4,782

 

 

$

15,619

 

 

$

8,413

 

Summary of Stock Option and Other Equity Award Activity Under Plans

The following summarizes option and other equity award activity under the 2012 Equity Incentive Plan and 2015 Stock Option and Incentive Plan: 

 

 

 

Shares Subject to

 

 

Weighted Average

 

 

 

Outstanding

Options

 

 

Exercise Price

per Share

 

Balance at December 31, 2018

 

 

3,701,461

 

 

$

26.40

 

Options granted

 

 

1,179,253

 

 

 

41.34

 

Options exercised

 

 

(88,629

)

 

 

11.23

 

Options canceled/forfeited

 

 

(71,235

)

 

 

32.24

 

Balance at June 30, 2019

 

 

4,720,850

 

 

 

30.33

 

 

 

 

 

 

 

 

 

 

 

 

Shares Subject to

 

 

Weighted Average

 

 

 

Outstanding

Awards

 

 

Grant Date

Fair Value

 

Balance at December 31, 2018

 

 

162,946

 

 

$

53.37

 

RSUs awarded

 

 

460,149

 

 

 

41.54

 

RSUs released

 

 

(32,523

)

 

 

52.06

 

RSUs forfeited

 

 

(8,154

)

 

 

47.25

 

Balance at June 30, 2019

 

 

582,418

 

 

 

44.19