Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
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, 2021

    

12,117

$

10.84

7.53

$

274,684

Options granted

 

289

29.10

Options exercised

 

(574)

2.96

Options forfeited

 

(48)

13.93

Outstanding as of March 31, 2022

 

11,784

$

11.66

7.53

$

177,919

Options expected to vest as of March 31, 2022

 

4,595

$

20.50

8.80

$

37,025

Options exercisable as of March 31, 2022

 

6,884

$

5.04

6.59

$

139,802

Schedule of Black-Scholes-Merton option-pricing model

2022

Risk - free interest rate (percentage)

 

2.0

Expected term (years)

 

6.1

Expected dividend yield (percentage)

 

Expected volatility (percentage)

 

42.8

Schedule of restricted stock activity

    

Restricted Stock Units

Number of

Weighted Average

Shares

Grant Date Fair Value

Outstanding as of December 31, 2021

3,250

$

24.20

Granted

 

379

29.07

Vested

 

(195)

25.72

Forfeited

 

(59)

21.51

Outstanding as of March 31, 2022

 

3,375

$

24.70

Schedule of stock-based compensation expense

Three Months Ended

March 31, 

(in thousands)

 

2022

 

2021

Product development

$

3,366

$

278

Sales, marketing and customer support

 

3,829

 

624

General and administrative

 

3,799

 

1,636

Total stock-based compensation

$

10,994

$

2,538