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Stock-Based Compensation (Tables)
3 Months Ended
Apr. 30, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
A summary of the Company’s stock option activity for the Plan for the three months ended April 30, 2022 is as follows:
Number of stock optionsWeighted average exercise priceWeighted average remaining contractual life
(in thousands)(in years)
Outstanding as of January 31, 2022
44,355 6.23 7.8
Exercised (1,404)4.56 
Cancelled/forfeited(1,886)7.73 
Outstanding as of April 30, 2022
41,065 6.22 7.4
Exercisable as of April 30, 2022
23,185 $5.07 7.0
Vested and expected to vest as of April 30, 2022
36,146 $5.87 7.3
Summary of RSU Award Activity
A summary of the Company’s RSU award activity was as follows:
Number of restricted sharesWeighted Average Grant Date Fair Value
(in thousands)
Outstanding as of January 31, 2022
1,730 $14.67 
Granted6,537 13.19 
Released (60)9.07 
Cancelled/forfeited(115)13.39 
Outstanding as of April 30, 2022
8,092 $13.56 
Summary of Stock-based Compensation Expense
Stock-based compensation expense included in operating results was allocated as follows (in thousands):
Three Months Ended April 30,
20222021
Costs of subscription $408 $378 
Costs of professional services623 284 
Research and development2,348 1,229 
Sales and marketing5,856 4,201 
General and administrative3,279 2,814 
Stock-based compensation, net of amounts capitalized12,514 8,906 
Capitalized stock-based compensation198 — 
Total stock-based compensation$12,712 $8,906 
Three Months Ended April 30,
20222021
Equity classified awards $12,462 $8,656 
Other awards (1)
250 250 
$12,712 $8,906 
(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.
Summary of Unrecognized Compensation Cost Related to Unvested Awards Not Yet Recognized
As of April 30, 2022, total unrecognized compensation cost related to unvested awards not yet recognized under all equity compensation plans, adjusted for estimated forfeitures, was as follows:
April 30, 2022
Unrecognized expenseWeighted average expense recognition period
(in thousands)(in years)
Stock options $36,515 2.6
Performance share units2,110 2.8
Restricted stock units52,714 3.8
ESPP5,460 0.6