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Subsequent Events
6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
In July 2023, the holders of shares of the Company’s Class B common stock held a special meeting (the “Special Meeting”). At the Special Meeting, the holders of a majority of the Company’s outstanding shares of Class B common stock approved the conversion of all outstanding shares of Class B common stock into the same number of shares of the Company’s Class A common stock effective July 6, 2023, as permitted pursuant to the terms of the Company’s Restated Certificate of Incorporation.

In July 2023, the Company entered into an operating lease agreement for the purpose of consolidating two offices down to one. The Company’s future minimum commitment under this agreement totals approximately $8.3 million and extends through 2029.
In July 2023, the Company’s Compensation Committee approved the issuance of approximately 3.0 million RSUs with service-based vesting periods that are satisfied over two and four years. The Company expects to recognize approximately $14.3 million in stock-based compensation on a straight-line basis over the vesting period of these awards.