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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2020
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 March 31,

 

 

 

2020

 

 

2019

 

Research and development

 

$

5,192

 

 

$

2,963

 

Selling, general and administrative

 

 

5,560

 

 

 

4,018

 

Total

 

$

10,752

 

 

$

6,981

 

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, 2019

 

 

4,574,158

 

 

$

31.81

 

Options granted

 

 

801,937

 

 

 

70.08

 

Options exercised

 

 

(107,870

)

 

 

16.88

 

Options canceled/forfeited

 

 

(27,486

)

 

 

44.50

 

Balance at March 31, 2020

 

 

5,240,739

 

 

 

37.91

 

 

 

 

 

 

 

 

 

 

 

 

Shares Subject to

 

 

Weighted Average

 

 

 

Outstanding

Awards

 

 

Grant Date

Fair Value

 

Balance at December 31, 2019

 

 

741,096

 

 

$

46.59

 

RSUs awarded

 

 

333,324

 

 

 

70.09

 

RSUs released

 

 

(125,243

)

 

 

43.19

 

RSUs forfeited

 

 

(8,004

)

 

 

47.68

 

Balance at March 31, 2020

 

 

941,173

 

 

 

55.36