Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.21.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2021
Stock-Based Compensation  
Schedule of stock option activity

Stock Option

Weighted Average

Remaining

Number of

Weighted Average

Contractual Life

Aggregate

Options

Exercise Price

(Years)

Intrinsic Value

Outstanding as of December 31, 2020

    

14,713

4.47

7.79

181,914

Options granted

 

598

22.12

Options exercised

 

(1,078)

3.35

Options forfeited

 

(189)

6.47

Outstanding as of June 30, 2021

 

14,044

$

5.29

 

7.45

 

$

520,634

Options expected to vest as of June 30, 2021

 

3,818

$

9.72

 

 

$

124,523

Options exercisable as of June 30, 2021

 

6,483

$

3.62

 

 

$

251,007

Schedule of Black-Scholes-Merton option-pricing model

2021

Risk - free interest rate (percentage)

 

0.6. - 1.1

Expected term (years)

 

6.1

Expected dividend yield (percentage)

 

Expected volatility (percentage)

 

42.1 - 43.6

Schedule of restricted stock activity

    

Restricted Stock

Number of

Weighted Average

Shares

Grant Date Fair Value

Outstanding as of December 31, 2020

1,261

$

7.74

Granted

 

576

 

21.30

Vested

 

(217)

 

10.26

Forfeited

 

 

  

Outstanding as of June 30, 2021

 

1,620

$

12.23

Expected to vest as of June 30, 2021

 

1,486

 

  

Schedule of stock-based compensation expense

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in thousands)

 

2021

 

2020

 

2021

 

2020

Product development

 

436

 

152

$

714

$

253

Sales, marketing and customer support

 

1,696

 

392

 

2,320

 

564

General and administrative

 

2,582

 

596

 

4,218

 

1,125

Total stock-based compensation

$

4,714

$

1,140

$

7,252

$

1,942