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Stock-Based Compensation (Tables)
9 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summarized Information about Stock Options
The following table summarizes information about stock options:
Number of
Options
Outstanding
Weighted-
Average
Exercise
Price
Per Share
Weighted-
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
Balance at September 30, 2021
3,456,239$19.60 
Granted— 
Cancelled(106,801)43.68 
Exercised(506,596)8.45 
Balance at June 30, 2022
2,842,842$20.60 5.1 years$55,434,252 
Exercisable at June 30, 2022
2,370,089$16.14 4.6 years$52,941,990 
Assumptions Used to Value Stock Options
The assumptions used to value stock options are as follows:
Nine Months Ended June 30,
20222021
Dividend yieldN/A— 
Risk-free interest rateN/A
0.4% - 1.1%
VolatilityN/A
86% - 90.4%
Expected life (in years)N/A6.25
Weighted average grant date fair value per share of options grantedN/A$48.64 
Summary of Share Activity Related to RSUs
The following table summarizes the activity of the Company’s RSUs:
Number of
RSUs
Weighted-
Average
Grant
Date
Fair Value
Per Share
Unvested at September 30, 2021
3,831,850$61.24 
Granted1,691,36756.73 
Vested(962,188)49.10 
Forfeited(95,625)69.32 
Unvested at June 30, 2022
4,465,404$61.97