Jonathan T. Runyan - Oct 14, 2021 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
General Counsel and Secretary
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Oct 14, 2021
Transactions value $
-$4,781,920
Form type
4
Date filed
10/15/2021, 05:53 PM
Previous filing
Sep 17, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Conversion of derivative security $0 +18.4K $0.00 18.4K Oct 14, 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$4.78M -18.4K -100% $260.00 0 Oct 14, 2021 Direct F2
holding OKTA Class A Common Stock 57.7K Oct 14, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -18.4K -11.99% $0.00 135K Oct 14, 2021 Class B Common Stock 18.4K $8.97 Direct F3
transaction OKTA Class B Common Stock Options Exercise $0 +18.4K $0.00 18.4K Oct 14, 2021 Class A Common Stock 18.4K Direct F1
transaction OKTA Class B Common Stock Conversion of derivative security $0 -18.4K -100% $0.00* 0 Oct 14, 2021 Class A Common Stock 18.4K Direct F1
holding OKTA Employee Stock Option (Right to Buy) 52K Oct 14, 2021 Class A Common Stock 52K $39.21 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 32.5K Oct 14, 2021 Class A Common Stock 32.5K $82.16 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 31.3K Oct 14, 2021 Class A Common Stock 31.3K $142.47 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 12.7K Oct 14, 2021 Class A Common Stock 12.7K $274.96 Direct F7
holding OKTA Employee Stock Option (Right to Buy) 102K Oct 14, 2021 Class A Common Stock 102K $274.96 Direct F7
holding OKTA Restricted Stock Units 2.81K Oct 14, 2021 Class A Common Stock 2.81K Direct F8, F9
holding OKTA Restricted Stock Units 5.61K Oct 14, 2021 Class A Common Stock 5.61K Direct F8, F10
holding OKTA Restricted Stock Units 9.25K Oct 14, 2021 Class A Common Stock 9.25K Direct F8, F11
holding OKTA Restricted Stock Units 5.39K Oct 14, 2021 Class A Common Stock 5.39K Direct F8, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F4 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.
F5 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.
F6 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.
F7 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.
F8 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F9 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.
F10 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.
F11 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.
F12 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.