Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.2.2
Stock-Based Compensation (Tables)
 9 Months Ended
Oct. 29, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of RSUs
The following table summarizes the status of service-based RSUs as of October 29, 2022 and changes during the 39 weeks then ended:
Number of Shares Weighted Average
Grant Date
Fair Value
Nonvested at January 29, 2022
 1,096,066  $ 94.16 
Granted 437,874  158.63 
Vested (531,138) 93.63 
Forfeited (119,350) 119.22 
Nonvested at October 29, 2022
 883,452  $ 123.04 
Schedule of Nonvested Performance-based Units Activity
The following table summarizes the status of PSUs as of October 29, 2022 and changes during the 39 weeks then ended:
Number of Shares Weighted Average
Grant Date
Fair Value
Nonvested at January 29, 2022
 584,972  $ 91.86 
Granted 206,044  159.27 
Vested (313,318) 90.98 
Forfeited (189,340) 116.40 
Nonvested at October 29, 2022
 288,358  $ 123.66 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The assumptions used in the Black-Scholes option pricing model for this award are as follows:
Expected term (in years) 6.5
Expected stock price volatility 34.1  %
Dividend yield —  %
Risk-free interest rate 2.15  %
Share-based Payment Arrangement, Option, Activity
The following table summarizes information about options outstanding at October 29, 2022 and changes during the 39 weeks then ended:
  Number of Shares Weighted Average Per Share Exercise Price Weighted Average Remaining Term (Years) Aggregate Intrinsic Value
(in millions)
Outstanding at January 29, 2022
 24,541  $ 90.38     
Granted 2,252,979  157.16     
Exercised (370) 76.97     
Outstanding at October 29, 2022
 2,277,150  $ 156.45  9.3 $ 4.8 
Exercisable at October 29, 2022
 24,563  $ 90.80  4.1 $ 1.7