Brett Tighe - 15 Jul 2021 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Interim Chief Financial Officer
Signature
Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
15 Jul 2021
Net transactions value
$0
Form type
4
Filing time
19 Jul 2021, 17:08:06 UTC
Previous filing
17 Jun 2021
Next filing
17 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OKTA Class A Common Stock 19,544 15 Jul 2021 Direct
holding OKTA Class A Common Stock 1,250 15 Jul 2021 By Trust

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 Restricted Stock Units Award $0 +17,416 $0.000000 17,416 15 Jul 2021 Class A Common Stock 17,416 Direct F1, F2
holding OKTA Employee Stock Option (Right to Buy) 25,500 15 Jul 2021 Class B Common Stock 25,500 $3.92 Direct F3
holding OKTA Employee Stock Option (Right to Buy) 23,546 15 Jul 2021 Class B Common Stock 23,546 $8.73 Direct F3
holding OKTA Employee Stock Option (Right to Buy) 20,000 15 Jul 2021 Class B Common Stock 20,000 $9.74 Direct F3
holding OKTA Restricted Stock Units 3,041 15 Jul 2021 Class A Common Stock 3,041 Direct F1, F4
holding OKTA Restricted Stock Units 3,732 15 Jul 2021 Class A Common Stock 3,732 Direct F1, F5
holding OKTA Restricted Stock Units 3,621 15 Jul 2021 Class A Common Stock 3,621 Direct F1, F6
holding OKTA Restricted Stock Units 5,810 15 Jul 2021 Class A Common Stock 5,810 Direct F1, F7
holding OKTA Restricted Stock Units 3,033 15 Jul 2021 Class A Common Stock 3,033 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
F2 25% of the shares underlying the RSU shall vest on September 15, 2021, and the remaining shares underlying the RSU shall vest in 3 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F3 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F4 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.
F5 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.
F6 6.25% of the shares underlying the RSU vested on September 15, 2020, 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.
F7 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.
F8 6.25% of the shares underlying the RSU vested on June 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.

Remarks:

Interim Chief Financial Officer