Table of Contents We have elected to recognize forfeitures of stock-based awards as they occur. Recognition of any compensation expense relating to stock grants that vest contingent on the completion of this offering will be deferred until the completion of this offering. JOBS Act We will be treated as an “emerging growth company” pursuant to the JOBS Act for certain purposes until the earlier of the date we complete this offering and December 31, 2019. An emerging growth company may take advantage of specified exemptions from various requirements that are otherwise applicable generally to public companies in the United States. These exemptions include: • an exemption to include in an initial public offering registration statement less than five years of selected financial data; • reduced disclosure about executive compensation arrangements and no requirement to include a compensation discussion and analysis; and • accounting standards transition period accommodation that allows for the deferral of compliance with new or revised financial accounting standards until a company that is not an issuer is required to comply with such standards. We have availed ourselves in this prospectus of the reduced reporting requirements described above, and we have taken advantage of the extended transition period for complying with new or revised accounting standards. As a result, the information that we are providing to you may be less comprehensive than what you might receive from other public companies. When we are no longer deemed to be an emerging growth company, we will not be entitled to the exemptions provided in the JOBS Act discussed above. 126