Quarterly report pursuant to Section 13 or 15(d)

Equity Incentive Plans and Stock-Based Compensation (Tables)

v3.22.1
Equity Incentive Plans and Stock-Based Compensation (Tables)
3 Months Ended
Apr. 30, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
Stock option activity during the three months ended April 30, 2022 was as follows:
Stock
Options
(in thousands)
Weighted-
Average Exercise
Price
Weighted-Average
Remaining
Contractual
Life (years)
Aggregate
Intrinsic Value
(in thousands)
Outstanding as of January 31, 2022 14,544  $ 1.64  7.6 $ 507,419 
Granted 118  $ 0.10 
Exercised (1,283) $ 2.09 
Forfeited (182) $ 2.15 
Outstanding as of April 30, 2022 13,197  $ 1.58  7.3 $ 214,498 
Vested and exercisable as of April 30, 2022 7,404  $ 1.47  6.6 $ 121,135 
Summary of RSU Activity
RSU activity during the three months ended April 30, 2022 was as follows:
RSUs (in thousands) Weighted-Average Grant
Date Fair Value Per Share
Unvested as of January 31, 2022 27,515  $ 35.35 
Granted 3,094  $ 25.23 
Vested (3,501) $ 32.77 
Forfeited (1,218) $ 36.50 
Unvested as of April 30, 2022 25,890  $ 34.43 
Schedule of Stock-Based Compensation Expense
Stock-based compensation expense is classified in the condensed consolidated statements of operations as follows (in thousands):
Three Months Ended April 30,
2022 2021
Cost of subscription services revenue $ 3,216  $ 6,214 
Cost of professional services and other revenue 3,874  18,931 
Sales and marketing 50,758  119,293 
Research and development 26,623  65,616 
General and administrative 16,983  40,781 
Total $ 101,454  $ 250,835