Quarterly report pursuant to Section 13 or 15(d)

Equity Incentive Plans and Stock-Based Compensation (Tables)

v3.21.2
Equity Incentive Plans and Stock-Based Compensation (Tables)
 9 Months Ended
Oct. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
Stock option activity during the nine months ended October 31, 2021 consisted of the following:
Stock
Options
(in thousands)		 Weighted-
Average Exercise
Price		 Weighted-Average
Remaining
Contractual
Life (years)		 Aggregate
Intrinsic Value
(in thousands)
Outstanding as of January 31, 2021 23,013  $ 1.58  7.9 $ 1,207,831 
Granted 779  $ 0.10 
Exercised (7,723) $ 1.18 
Forfeited (380) $ 2.44 
Expired (7) $ 2.40 
Outstanding as of October 31, 2021 15,682  $ 1.69  7.4 $ 761,567 
Vested and exercisable as of October 31, 2021 7,915  $ 1.30  6.9 $ 387,410 
Summary of RSU Activity
RSU activity during the nine months ended October 31, 2021 consisted of the following:
RSUs (in thousands) Weighted-Average Grant
Date Fair Value Per Share
Unvested as of January 31, 2021 34,753  $ 10.80 
Granted 7,721  $ 61.97 
Vested (1)
(22,941) $ 8.59 
Forfeited (1,089) $ 20.24 
Unvested as of October 31, 2021 18,444  $ 34.55 
(1)Class A common stock has not been issued in connection with 11,341 vested RSUs because such RSUs were unsettled as of October 31, 2021.
Summary of Stock-Based Compensation Expense in Condensed Consolidated Statements of Operations
We classified stock-based compensation expense in the condensed consolidated statements of operations as follows (in thousands):
Three Months Ended October 31, Nine Months Ended October 31,
2021 2020 2021 2020
Cost of revenue $ 6,350  $ 665  $ 37,056  $ 1,688 
Sales and marketing 41,823  5,116  202,122  10,744 
Research and development 24,866  3,169  114,460  7,796 
General and administrative 22,064  39,814  84,913  45,566 
Total $ 95,103  $ 48,764  $ 438,551  $ 65,794