Stockholders' Equity

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Stockholders' Equity

Stockholders' Equity

Our capitalization as of December 31, 2020 and 2019 is as follows:

		December 31,
	Authorized	2020	2019
Shares issued and outstanding:
Total common stock - Class A1 - par value $0.0001	600,000,000	140,094,633	84,549,511
Total common stock - Class B1 - par value $0.0001	600,000,000	27,908,093	36,486,778
Total preferred stock	10,000,000	—	—
		168,002,726	121,036,289
Rights to acquire stock:
Stock Plans' options and other equity awards outstanding:
2002 stock plan - options		1,265,656	1,856,154
2012 equity incentive plan - options		8,877,792	9,982,756
2012 equity incentive plan - other equity awards		504,034	6,656,094
2018 equity incentive plan - options		5,210,823	5,998,406
2018 equity incentive plan - other equity awards		5,914,754	3,456,172
Warrants outstanding:
Common stock warrants - exercise price of $27.78		468,548	481,181
Common stock warrants - exercise price of $38.64		12,940	12,940
Shares reserved for future issuance:
Total options/RSUs available for grant - 2018 Plan		20,233,754	17,233,144
Total shares available for grant - 2018 ESPP		2,587,874	3,030,407

1 We have two classes of authorized common stock, Class A common stock and Class B common stock. The rights of the holders of Class A common stock and Class B common stock are identical, except with respect to voting and conversion rights. Each share of Class A common stock is entitled to one vote per share. Each share of Class B common stock is entitled to ten votes per share and is convertible into one share of Class A common stock at the discretion of its holder, or automatically upon the earliest to occur of (i) immediately prior to the close of business on July 27, 2023, (ii) immediately prior to the close of business on the date on which the outstanding shares of Class B common stock represent less than five percent (5%) of the aggregate number of shares of Class A common stock and Class B common stock then outstanding, (iii) the date and time or the occurrence of an event specified in a written conversion election delivered by KR Sridhar to our Secretary or Chairman of the Board to so convert all shares of Class B common stock, or (iv) immediately following the date of the death of KR Sridhar.