Christopher K. Kramer - Jul 15, 2021 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Accounting Officer
Signature
Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Jul 15, 2021
Transactions value $
-$809,719
Form type
4
Date filed
7/19/2021, 05:06 PM
Previous filing
Jun 17, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Conversion of derivative security $0 +3.33K +33.98% $0.00 13.1K Jul 15, 2021 Direct
transaction OKTA Class A Common Stock Sale -$810K -3.33K -25.36% $242.94 9.81K Jul 15, 2021 Direct F1

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 -3.33K -33.33% $0.00 6.67K Jul 15, 2021 Class B Common Stock 3.33K $9.74 Direct F2
transaction OKTA Class B Common Stock Options Exercise $0 +3.33K $0.00 3.33K Jul 15, 2021 Class A Common Stock 3.33K Direct F3
transaction OKTA Class B Common Stock Conversion of derivative security $0 -3.33K -100% $0.00* 0 Jul 15, 2021 Class A Common Stock 3.33K Direct F3
holding OKTA Employee Stock Option (Right to Buy) 3.19K Jul 15, 2021 Class A Common Stock 3.19K $103.69 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 7.59K Jul 15, 2021 Class A Common Stock 7.59K $142.47 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 3.18K Jul 15, 2021 Class A Common Stock 3.18K $274.96 Direct F6
holding OKTA Restricted Stock Units 4.49K Jul 15, 2021 Class A Common Stock 4.49K Direct F7, F8
holding OKTA Restricted Stock Units 2.8K Jul 15, 2021 Class A Common Stock 2.8K Direct F7, F9
holding OKTA Restricted Stock Units 792 Jul 15, 2021 Class A Common Stock 792 Direct F7, F10
holding OKTA Restricted Stock Units 2.47K Jul 15, 2021 Class A Common Stock 2.47K Direct F7, F11
holding OKTA Restricted Stock Units 1.94K Jul 15, 2021 Class A Common Stock 1.94K Direct F7, F12
holding OKTA Restricted Stock Units 1.35K Jul 15, 2021 Class A Common Stock 1.35K Direct F7, F13
* 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 shares subject to the option are fully vested and exercisable by the Reporting Person.
F3 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.
F4 25% of the shares subject to the option vested on October 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.
F5 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.
F6 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.
F7 Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
F8 25% of the shares underlying the RSU vested on June 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.
F9 25% of the shares underlying the RSU vested on June 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.
F10 25% of the shares underlying the RSU vested on September 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.
F11 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.
F12 6.25% of the shares underlying the RSU vested on March 15, 2021, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F13 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.