Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.2.2
Stock-Based Compensation (Tables)
9 Months Ended
Oct. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
A summary of the Company’s stock option activity for the Plan for the three and nine months ended October 31, 2022 is as follows:
Number of stock options Weighted average exercise price Weighted average remaining contractual life
(in thousands) (in years)
Outstanding as of January 31, 2022
44,355  6.23  7.8
Exercised (3,429) 4.66 
Cancelled/forfeited (4,881) 8.27 
Expired (12) 4.24
Outstanding as of October 31, 2022
36,033  6.10  6.9
Exercisable as of October 31, 2022
24,609  $ 5.39  6.5
Vested and expected to vest as of October 31, 2022
33,439  $ 5.87  6.8
Schedule of RSU Award Activity
A summary of the Company’s RSU award activity was as follows:
Number of restricted shares Weighted Average Grant Date Fair Value
(in thousands)
Outstanding as of January 31, 2022
1,730  $ 14.67 
Granted 8,770  12.47 
Released (296) 14.04 
Cancelled/forfeited (1,002) 13.94 
Outstanding as of October 31, 2022
9,202  $ 12.69 
Schedule of Stock-based Compensation Expense
Stock-based compensation expense included in operating results was allocated as follows (in thousands):
Three Months Ended October 31, Nine Months Ended October 31,
2022 2021 2022 2021
Costs of subscription $ 282  $ 589  $ 1,079  $ 1,411 
Costs of professional services 368  889  1,770  1,911 
Research and development 2,204  2,186  7,700  4,915 
Sales and marketing 5,071  4,997  18,736  13,963 
General and administrative 3,284  3,760  10,635  15,753 
Stock-based compensation, net of amounts capitalized 11,209  12,421  39,920  37,953 
Capitalized stock-based compensation 1,023  232  1,898  465 
Total stock-based compensation $ 12,232  $ 12,653  $ 41,818  $ 38,418 
Three Months Ended October 31, Nine Months Ended October 31,
2022 2021 2022 2021
Equity classified awards $ 11,982  12,403  $ 41,068  $ 37,668 
Other awards (1)
250  250  750  750 
$ 12,232  $ 12,653  $ 41,818  $ 38,418 
(1) Nonemployee grant recorded over five years, representing the same period and in the same manner as if the grantor had paid cash for the services instead of paying with or using the share-based payment award.
Schedule of Unrecognized Compensation Cost Related to Unvested Awards Not Yet Recognized
As of October 31, 2022, total unrecognized compensation cost related to unvested awards not yet recognized under all equity compensation plans, adjusted for estimated forfeitures, was as follows:
October 31, 2022
Unrecognized expense Weighted average expense recognition period
(in thousands) (in years)
Stock options $ 24,174  2.2
Performance share units 1,526  2.3
Restricted stock units 54,660  3.4
ESPP 2,417  0.7