Todd McKinnon - Aug 20, 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
Aug 20, 2021
Transactions value $
-$2,673,934
Form type
4
Date filed
8/24/2021, 05:11 PM
Previous filing
Jul 22, 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 Options Exercise $107K +2.72K +35.85% $39.21 10.3K Aug 20, 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $189K +2.3K +22.36% $82.16 12.6K Aug 20, 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $235K +1.65K +13.09% $142.47 14.3K Aug 20, 2021 Direct
transaction OKTA Class A Common Stock Sale -$1.5M -6.49K -45.52% $231.17 7.77K Aug 20, 2021 Direct F1, F2
transaction OKTA Class A Common Stock Sale -$1.06M -4.56K -58.67% $232.21 3.21K Aug 20, 2021 Direct F1, F3
transaction OKTA Class A Common Stock Sale -$506K -2.17K -67.58% $233.14 1.04K Aug 20, 2021 Direct F1, F4
transaction OKTA Class A Common Stock Sale -$140K -600 -57.64% $234.05 441 Aug 20, 2021 Direct F1, F5

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 -2.72K -9.09% $0.00 27.2K Aug 20, 2021 Class A Common Stock 2.72K $39.21 Direct F6
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -2.3K -4.35% $0.00 50.7K Aug 20, 2021 Class A Common Stock 2.3K $82.16 Direct F7
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -1.65K -2.54% $0.00 63.5K Aug 20, 2021 Class A Common Stock 1.65K $142.47 Direct F8
holding OKTA Class B Common Stock 5.18M Aug 20, 2021 Class A Common Stock 5.18M By Trust F9
holding OKTA Class B Common Stock 128K Aug 20, 2021 Class A Common Stock 128K By Trust F9
holding OKTA Employee Stock Option (Right to Buy) 38.8K Aug 20, 2021 Class B Common Stock 38.8K $1.40 Direct F10
holding OKTA Employee Stock Option (Right to Buy) 486K Aug 20, 2021 Class B Common Stock 486K $7.17 Direct F10
holding OKTA Employee Stock Option (Right to Buy) 1.8M Aug 20, 2021 Class B Common Stock 1.8M $8.97 Direct F10
holding OKTA Employee Stock Option (Right to Buy) 63.7K Aug 20, 2021 Class A Common Stock 63.7K $274.96 Direct F11
holding OKTA Employee Stock Option (Right to Buy) 127K Aug 20, 2021 Class A Common Stock 127K $274.96 Direct F11
holding OKTA Restricted Stock Units 10.6K Aug 20, 2021 Class A Common Stock 10.6K Direct F12, F13
holding OKTA Restricted Stock Units 22.3K Aug 20, 2021 Class A Common Stock 22.3K Direct F12, F14
holding OKTA Restricted Stock Units 29.1K Aug 20, 2021 Class A Common Stock 29.1K Direct F12, F15
holding OKTA Restricted Stock Units 27K Aug 20, 2021 Class A Common Stock 27K Direct F12, F16
* 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 $230.78 to $231.77 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 $231.78 to $232.76 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 $232.78 to $233.77 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 $233.85 to $234.24 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 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.
F7 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.
F8 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.
F9 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.
F10 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F11 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.
F12 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F13 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.
F14 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.
F15 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.
F16 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.