The Falcons will receive three additional draft picks -- a fourth and two seventh round picks -- in the upcoming NFL draft, which is set for May. 8-10.

The Falcons' fourth-round pick will be the 39th pick of that round and 139th overall. The Falcons received two seventh-round picks. The 253rd and 255th overall.

A total of 32 compensatory choices in the 2014 NFL draft were awarded to 13 teams, the NFL announced today.

Under the rules for compensatory draft selections, a team losing more or better compensatory free agents than it acquires in the previous year is eligible to receive compensatory draft picks.

The number of picks a team receives equals the net loss of compensatory free agents up to a maximum of four.  The 32 compensatory choices announced today will supplement the 224 choices in the seven rounds of the 2014 NFL Draft (May 8-10), which will kick off in primetime for the fifth consecutive year.

The first round will be held on Thursday, May 8 and begin at 8 p.m.  The second and third rounds are set for Friday, May 9 at 7 p.m. followed by rounds 4-7 on Saturday, May 10 at noon.

Here's a quick history of the Falcons' compensatory picks over the past 10 years.

The Falcons were awarded four picks last season.

The selected tight end Levine Toilolo with the fourth-round compensatory pick they received last season. They also added safety Kemal Ishmael, safety Zeke Motta and quarterback Sean Renfree in the seventh round.

Compensatory free agents are determined by a formula based on salary, playing time and postseason honors. The formula was developed by the NFL Management Council. Not every free agent lost or signed by a club is covered by this formula.

Following are the compensatory free agents lost and signed last year by the clubs that will receive compensatory picks in the 2014 NFL Draft:

FALCONS REWIND

--Blog: Falcons awarded three compensatory picks

--Blog: Lamar Holmes was a performance-pay leader in 2014

--Blog: Umenyiora will return in 2014, no restructured deal

--Blog: Falcons release FB Bradie Ewing

--Blog: Falcons WR Roddy White owes Mercer fan some prime tickets

--Blog: Falcons owner Arthur Blank engaged to be married.

--Blog: Former Falcons WR Kevin Cone to work out for Carolina

--Blog: Falcons re-sign defensive tackle Peria Jerry

--Blog: NFL to move forward on cleaning up 'on-field' language

--MyAJC ($): Falcons spend $80 million in free agency to buy toughness

--Las Vegas doesn't like Falcons' free agency moves

--Falcons Free Agency Tracker -- Falcons have committed $107.36 million to salaries 

--Q&A with PR/KR/WR Devin Hester

--Q&A with Falcons right guard Jon Asamoah

--Q&A with Falcons defensive end Tyson Jackson

--Q&A with Falcons defensive tackle Paul Soliai

2014 NFL DRAFT CENTRAL

--Mock Draft 1.0: Falcons trade out of sixth spot to land Pryor and Ebron

--12 teams who could draft UGA star Aaron Murray

--Louisville LB Preston Brown to work out for the Falcons

--Louisville DE Marcus Smith to work out for the Falcons

--MyAJC ($): OT Greg Robinson, DE Dee Ford shine at Auburn's Pro Day

--VIDEO: Tackle Greg Robinson on Auburn's Pro Day

--VIDEO: Running back Tra Mason on Auburn's Pro Day

--Blog & VIDEO: Clemson QB Tajh Boyd has stellar Pro Day showing

--VIDEO: Clemson WR Sammy Watkins on his Pro Day