Todd McKinnon - Jun 21, 2021 Form 4 Insider Report for Okta, Inc. (OKTA)

Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Jun 21, 2021
Transactions value $
-$2,383,128
Form type
4
Date filed
6/23/2021, 05:02 PM
Previous filing
Jun 17, 2021
Next filing
Jul 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Sale -$200K -856 -5.93% $233.23 13.6K Jun 21, 2021 Direct F1, F2
transaction OKTA Class A Common Stock Sale -$211K -900 -6.62% $234.48 12.7K Jun 21, 2021 Direct F1, F3
transaction OKTA Class A Common Stock Sale -$236K -1K -7.88% $235.69 11.7K Jun 21, 2021 Direct F1, F4
transaction OKTA Class A Common Stock Sale -$213K -900 -7.7% $236.61 10.8K Jun 21, 2021 Direct F1, F5
transaction OKTA Class A Common Stock Sale -$190K -800 -7.42% $237.54 9.99K Jun 21, 2021 Direct F1, F6
transaction OKTA Class A Common Stock Sale -$47.7K -200 -2% $238.39 9.79K Jun 21, 2021 Direct F1, F7
transaction OKTA Class A Common Stock Options Exercise $1.97M +13.8K +141.19% $142.47 23.6K Jun 21, 2021 Direct
transaction OKTA Class A Common Stock Sale -$447K -1.92K -8.13% $232.97 21.7K Jun 21, 2021 Direct F1, F8
transaction OKTA Class A Common Stock Sale -$562K -2.4K -11.07% $234.07 19.3K Jun 21, 2021 Direct F1, F9
transaction OKTA Class A Common Stock Sale -$447K -1.9K -9.85% $235.10 17.4K Jun 21, 2021 Direct F1, F10
transaction OKTA Class A Common Stock Sale -$873K -3.7K -21.28% $236.07 13.7K Jun 21, 2021 Direct F1, F11
transaction OKTA Class A Common Stock Sale -$640K -2.7K -19.72% $237.12 11K Jun 21, 2021 Direct F1, F12
transaction OKTA Class A Common Stock Sale -$238K -1K -9.11% $238.03 9.99K Jun 21, 2021 Direct F1, F13
transaction OKTA Class A Common Stock Sale -$47.7K -200 -2% $238.67 9.79K Jun 21, 2021 Direct F1, F14

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -13.8K -16.16% $0.00 71.7K Jun 21, 2021 Class A Common Stock 13.8K $142.47 Direct F15
holding OKTA Class B Common Stock 5.18M Jun 21, 2021 Class A Common Stock 5.18M By Trust F16
holding OKTA Class B Common Stock 128K Jun 21, 2021 Class A Common Stock 128K By Trust F16
holding OKTA Employee Stock Option (Right to Buy) 38.8K Jun 21, 2021 Class B Common Stock 38.8K $1.40 Direct F17
holding OKTA Employee Stock Option (Right to Buy) 486K Jun 21, 2021 Class B Common Stock 486K $7.17 Direct F17
holding OKTA Employee Stock Option (Right to Buy) 1.8M Jun 21, 2021 Class B Common Stock 1.8M $8.97 Direct F18
holding OKTA Employee Stock Option (Right to Buy) 32.6K Jun 21, 2021 Class A Common Stock 32.6K $39.21 Direct F19
holding OKTA Employee Stock Option (Right to Buy) 55.3K Jun 21, 2021 Class A Common Stock 55.3K $82.16 Direct F20
holding OKTA Employee Stock Option (Right to Buy) 63.7K Jun 21, 2021 Class A Common Stock 63.7K $274.96 Direct F21
holding OKTA Employee Stock Option (Right to Buy) 127K Jun 21, 2021 Class A Common Stock 127K $274.96 Direct F21
holding OKTA Restricted Stock Units 10.6K Jun 21, 2021 Class A Common Stock 10.6K Direct F22, F23
holding OKTA Restricted Stock Units 22.3K Jun 21, 2021 Class A Common Stock 22.3K Direct F22, F24
holding OKTA Restricted Stock Units 29.1K Jun 21, 2021 Class A Common Stock 29.1K Direct F22, F25
holding OKTA Restricted Stock Units 27K Jun 21, 2021 Class A Common Stock 27K Direct F22, F26
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $232.78 to $233.655 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.07 to $234.905 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.09 to $236.03 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.12 to $236.98 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.17 to $238.02 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.38 to $238.40 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $232.52 to $233.51 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $233.63 to $234.61 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.65 to $235.63 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.65 to $236.635 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.66 to $237.65 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F13 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.6575 to $238.40 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F14 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.655 to $238.675 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F15 25% of the shares subject to the option vested on February 1, 2021, and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F16 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F17 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F18 20% of the shares subject to the option vested on July 29, 2017, 20% of the shares subject to the option vested on July 29, 2018, and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date. The option is early exercisable by the Reporting Person.
F19 25% of the shares subject to the option vested on February 1, 2019, and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F20 25% of the shares subject to the option vested on February 1, 2020, and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F21 25% of the shares subject to the option shall vest on February 1, 2022, and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F22 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F23 25% of the shares underlying the RSU vested on March 15, 2019, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F24 25% of the shares underlying the RSU vested on March 15, 2020, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F25 25% of the shares underlying the RSU vested on March 15, 2021, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F26 25% of the shares underlying the RSU shall vest on March 15, 2022, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.