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

Role
Interim Chief Financial Officer
Signature
Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Jul 15, 2021
Transactions value $
$0
Form type
4
Date filed
7/19/2021, 05:08 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
holding OKTA Class A Common Stock 19.5K Jul 15, 2021 Direct
holding OKTA Class A Common Stock 1.25K Jul 15, 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 +17.4K $0.00 17.4K Jul 15, 2021 Class A Common Stock 17.4K Direct F1, F2
holding OKTA Employee Stock Option (Right to Buy) 25.5K Jul 15, 2021 Class B Common Stock 25.5K $3.92 Direct F3
holding OKTA Employee Stock Option (Right to Buy) 23.5K Jul 15, 2021 Class B Common Stock 23.5K $8.73 Direct F3
holding OKTA Employee Stock Option (Right to Buy) 20K Jul 15, 2021 Class B Common Stock 20K $9.74 Direct F3
holding OKTA Restricted Stock Units 3.04K Jul 15, 2021 Class A Common Stock 3.04K Direct F1, F4
holding OKTA Restricted Stock Units 3.73K Jul 15, 2021 Class A Common Stock 3.73K Direct F1, F5
holding OKTA Restricted Stock Units 3.62K Jul 15, 2021 Class A Common Stock 3.62K Direct F1, F6
holding OKTA Restricted Stock Units 5.81K Jul 15, 2021 Class A Common Stock 5.81K Direct F1, F7
holding OKTA Restricted Stock Units 3.03K Jul 15, 2021 Class A Common Stock 3.03K 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