Quarterly report pursuant to Section 13 or 15(d)

Stock Award Plans (Tables)

v2.4.0.8
Stock Award Plans (Tables)
6 Months Ended
Jun. 30, 2013
Stock Award Plans  
Schedule of stock-based compensation expense related to all of the entity's stock-based awards

Total stock-based compensation expense related to all of our stock-based awards that we recognized was as follows (in thousands):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Research and development

 

$

1,002

 

$

1,636

 

$

2,025

 

$

3,348

 

General and administrative

 

745

 

1,375

 

1,515

 

2,761

 

Total stock-based compensation expense

 

$

1,747

 

$

3,011

 

$

3,540

 

$

6,109

 

 

Summary of weighted-average assumptions relating to options granted pursuant to equity incentive plans

 

 

 

Equity Incentive Plans

 

Equity Incentive Plans

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Risk-free interest rate

 

0.9

%

0.8

%

0.8

%

0.9

%

Expected term (in years)

 

6.0

 

5.8

 

5.5

 

5.5

 

Dividend yield

 

0.0

%

0.0

%

0.0

%

0.0

%

Expected volatility

 

83.8

%

80.1

%

73.9

%

81.6

%

 

Summary of weighted-average assumptions used to calculate fair value of purchase rights granted under Employee Stock Purchase Plan

 

 

 

Employee Stock Purchase Plan

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2013

 

2012

 

Risk-free interest rate

 

0.2

%

0.1

%

Expected term (in years)

 

1.4

 

0.5

 

Dividend yield

 

0.0

%

0.0

%

Expected volatility

 

58.0

%

49.7

%