Adaptimmune Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Share-based compensation

Share-based compensation

9 Months Ended

Sep. 30, 2023

Note 12 — Share-based compensation

The following table shows the total share-based compensation expense included in the unaudited consolidated statements of operations (in thousands):


		Three months ended			Nine months ended
		September 30,			September 30,
	2023		2022		2023		2022
Research and development	$	789	$	447	$	2,190	$	5,003
General and administrative		2,394		3,216		6,506		9,291
	$	3,183	$	3,663	$	8,696	$	14,294

The following table shows information about share options and options which have a nominal exercise price (similar to restricted stock units (RSUs)) granted:


		Three months ended				Nine months ended
		September 30,				September 30,
	2023		2022			2023		2022
Number of options over ordinary shares granted		7,082,892		5,996,581		59,070,294		30,608,533
Weighted average fair value of ordinary shares options	$	0.12	$	0.21	$	0.12	$	0.37
Number of additional options with a nominal exercise price granted		465,960		1,866,216		26,480,652		22,916,376
Weighted average fair value of options with a nominal exercise price	$	0.15	$	0.28	$	0.27	$	0.53

The information above includes the impact of 29,639,418 options over ordinary shares and 5,501,196 options with a nominal exercise price granted on June 1, 2023, as replacement awards as part of the acquisition of TCR² Therapeutics Inc., as explained further in Note 15.