Stratasys Ltd. Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Stock-Based Compensation Plan (Tables)

9 Months Ended

Sep. 30, 2014

Stock-based compensation expense for stock options and restricted stock units (RSUs) was allocated as follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2014		2013		2014		2013
Cost of sales	$	1,282	$	793	$	3,228	$	2,059
Research and development, net		1,098		821		2,921		2,567
Selling, general and administrative		5,217		4,998		15,262		12,837
Total stock-based compensation expenses	$	7,597	$	6,612	$	21,411	$	17,463

A summary of stock option activity for the nine months ended September 30, 2014 is as follows:

	Number of Options			Weighted Average Exercise Price
Options outstanding as of January 1, 2014	2,007,433		$	29.66
Granted	239,759			74.49
Exercised	(532,547	)		14.20
Forfeited	(36,543	)		50.88
Options outstanding as of September 30, 2014	1,678,102		$	40.50
Exercisable options as of September 30, 2014	813,413		$	21.32