Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OKTA | Class A Common Stock | Options Exercise | $0 | +53.9K | $0.00 | 53.9K | Sep 15, 2021 | Direct | ||
transaction | OKTA | Class A Common Stock | Sale | -$6.69M | -26.5K | -49.1% | $252.65 | 27.4K | Sep 16, 2021 | Direct | F1, F2 |
holding | OKTA | Class A Common Stock | 27 | Sep 15, 2021 | By Trust |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OKTA | Restricted Stock Units | Options Exercise | $0 | -53.9K | -50% | $0.00 | 53.9K | Sep 15, 2021 | Class A Common Stock | 53.9K | Direct | F3, F4 | |
holding | OKTA | Restricted Stock Units | 43.1K | Sep 15, 2021 | Class A Common Stock | 43.1K | Direct | F3, F5 |
Id | Content |
---|---|
F1 | Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. |
F2 | The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $249.70 to $254.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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 (2) with regard to the block trade. |
F3 | Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. |
F4 | 50% of the shares underlying the RSU vested on September 15, 2021 and the remaining shall vest on September 15, 2022, subject to the Reporting Person's continuous employment with the Issuer on each such date. |
F5 | 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. |
President, Worldwide Field Operations