Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity

v3.22.1
Stockholders’ Equity
 3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Stockholders’ Equity Stockholders’ Equity
Preferred Stock
The Company is authorized to issue 1,000,000,000 shares of preferred stock with a par value of $0.00001 per share. There were no shares of preferred stock issued and outstanding at March 31, 2022 and December 31, 2021.
Common stock
The Company is authorized to issue 51,000,000,000 shares of common stock with a par value of $0.00001 per share. 50,000,000,000 shares are designated Class A common stock and 1,000,000,000 shares are designated Class B common stock. Class A common stock holders are entitled to one vote for each share and Class B common stock holders are entitled to ten votes for each share. Class A and Class B have identical liquidation and dividend rights.
Class B shares are convertible into Class A upon election by the holder or upon transfer (except for certain permitted transfers).
At March 31, 2022, the Company had 646,473,579 shares of Class A common stock and 481,107,977 shares of Class B common stock issued and outstanding.
Common stock reserved for future issuance at March 31, 2022 and December 31, 2021 was as follows:
As of
March 31,
2022		 December 31, 2021
Outstanding stock options 75,948,673  81,405,867 
Outstanding restricted stock units 66,436,448  34,054,713 
Outstanding public warrants 12,218,291  12,218,420 
Outstanding private placement warrants 8,900,000  8,900,000 
Shares available for issuance under the equity incentive plans 147,424,419  122,487,648 
Total shares of common stock reserved 310,927,831  259,066,648