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Stock-Based Compensation
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
On June 8, 2022, the stockholders of Nektar approved an amendment to the Amended and Restated 2017 Performance Incentive Plan to increase the aggregate number of shares of Common Stock authorized for issuance thereunder by 5,000,000 shares.
In connection with our Restructuring Plan, we recorded the benefit for the forfeitures of stock awards from employees who were terminated as part of our reduction-in-force during the three months ended June 30, 2022. We recognized total stock-based compensation expense in our Condensed Consolidated Statements of Operations as follows (in thousands):
Three Months Ended June 30,Six months ended June 30,
2022202120222021
Cost of goods sold
$649 $716 $1,317 $1,443 
Research and development
4,751 13,479 16,793 $27,641 
General and administrative
4,781 9,519 13,032 $18,528 
Restructuring, impairment and other costs of terminated program922 $— 922 $— 
Total stock-based compensation$11,103 $23,714 $32,064 $47,612 
We issued stock-based awards of our common stock as follows (shares in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Options granted
85 $157 107 $278 
Weighted-average grant-date fair value of options granted
$2.47 $9.78 $3.33 $10.23 
RSUs granted
626 520 1,031 887 
Weighted-average grant-date fair value of RSUs granted
$3.97 $18.20 $6.10 $19.21 
Shares issued under equity compensation plans1,131 1,483 1,937 3,682