Todd McKinnon - Sep 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
Sep 20, 2021
Transactions value $
-$3,545,579
Form type
4
Date filed
9/22/2021, 05:04 PM
Previous filing
Sep 17, 2021
Next filing
Oct 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Options Exercise $213K +5.44K +106.69% $39.21 10.5K Sep 20, 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $379K +4.61K +43.73% $82.16 15.1K Sep 20, 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $538K +3.77K +24.92% $142.47 18.9K Sep 20, 2021 Direct
transaction OKTA Class A Common Stock Sale -$905K -3.61K -19.07% $250.78 15.3K Sep 20, 2021 Direct F1, F2
transaction OKTA Class A Common Stock Sale -$813K -3.23K -21.11% $251.51 12.1K Sep 20, 2021 Direct F1, F3
transaction OKTA Class A Common Stock Sale -$1.24M -4.91K -40.69% $252.83 7.16K Sep 20, 2021 Direct F1, F4
transaction OKTA Class A Common Stock Sale -$634K -2.5K -34.9% $253.72 4.66K Sep 20, 2021 Direct F1, F5
transaction OKTA Class A Common Stock Sale -$209K -822 -17.63% $254.69 3.84K Sep 20, 2021 Direct F1, F6
transaction OKTA Class A Common Stock Sale -$486K -1.9K -49.47% $255.83 1.94K Sep 20, 2021 Direct F1, F7
transaction OKTA Class A Common Stock Sale -$386K -1.5K -77.28% $257.01 441 Sep 20, 2021 Direct F1, F8

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 -5.44K -20% $0.00 21.8K Sep 20, 2021 Class A Common Stock 5.44K $39.21 Direct F9
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -4.61K -9.09% $0.00 46.1K Sep 20, 2021 Class A Common Stock 4.61K $82.16 Direct F10
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -3.77K -5.95% $0.00 59.7K Sep 20, 2021 Class A Common Stock 3.77K $142.47 Direct F11
holding OKTA Class B Common Stock 5.18M Sep 20, 2021 Class A Common Stock 5.18M By Trust F12
holding OKTA Class B Common Stock 128K Sep 20, 2021 Class A Common Stock 128K By Trust F12
holding OKTA Employee Stock Option (Right to Buy) 38.8K Sep 20, 2021 Class B Common Stock 38.8K $1.40 Direct F13
holding OKTA Employee Stock Option (Right to Buy) 486K Sep 20, 2021 Class B Common Stock 486K $7.17 Direct F13
holding OKTA Employee Stock Option (Right to Buy) 1.8M Sep 20, 2021 Class B Common Stock 1.8M $8.97 Direct F13
holding OKTA Employee Stock Option (Right to Buy) 63.7K Sep 20, 2021 Class A Common Stock 63.7K $274.96 Direct F14
holding OKTA Employee Stock Option (Right to Buy) 127K Sep 20, 2021 Class A Common Stock 127K $274.96 Direct F14
holding OKTA Restricted Stock Units 7.06K Sep 20, 2021 Class A Common Stock 7.06K Direct F15, F16
holding OKTA Restricted Stock Units 19.1K Sep 20, 2021 Class A Common Stock 19.1K Direct F15, F17
holding OKTA Restricted Stock Units 26.4K Sep 20, 2021 Class A Common Stock 26.4K Direct F15, F18
holding OKTA Restricted Stock Units 27K Sep 20, 2021 Class A Common Stock 27K Direct F15, F19
* 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 $250.23 to $251.19 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 $251.23 to $252.21 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 $252.245 to $253.23 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 $253.26 to $254.18 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 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.2675 to $255.01 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.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.29 to $256.28 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.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.67 to $257.50 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F14 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.
F15 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F16 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.
F17 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.
F18 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.
F19 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.