Todd McKinnon - Nov 19, 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
Nov 19, 2021
Transactions value $
-$2,283,576
Form type
4
Date filed
11/23/2021, 04:17 PM
Previous filing
Oct 22, 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 Options Exercise $213K +5.44K +1233.11% $39.21 5.88K Nov 19, 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $379K +4.61K +78.36% $82.16 10.5K Nov 19, 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $538K +3.77K +35.98% $142.47 14.3K Nov 19, 2021 Direct
transaction OKTA Class A Common Stock Sale -$527K -2.19K -15.35% $240.56 12.1K Nov 19, 2021 Direct F1, F2
transaction OKTA Class A Common Stock Sale -$442K -1.83K -15.16% $241.62 10.2K Nov 19, 2021 Direct F1, F3
transaction OKTA Class A Common Stock Sale -$308K -1.27K -12.4% $242.48 8.97K Nov 19, 2021 Direct F1, F4
transaction OKTA Class A Common Stock Sale -$73.2K -300 -3.34% $244.02 8.67K Nov 19, 2021 Direct F1, F5
transaction OKTA Class A Common Stock Sale -$147K -600 -6.92% $245.31 8.07K Nov 19, 2021 Direct F1, F6
transaction OKTA Class A Common Stock Sale -$202K -818 -10.14% $246.52 7.25K Nov 19, 2021 Direct F1, F7
transaction OKTA Class A Common Stock Sale -$74.3K -300 -4.14% $247.64 6.95K Nov 19, 2021 Direct F1, F8
transaction OKTA Class A Common Stock Sale -$99.5K -400 -5.75% $248.84 6.55K Nov 19, 2021 Direct F1, F9
transaction OKTA Class A Common Stock Sale -$256K -1.03K -15.64% $250.05 5.53K Nov 19, 2021 Direct F1, F10
transaction OKTA Class A Common Stock Sale -$770K -3.07K -55.47% $251.08 2.46K Nov 19, 2021 Direct F1, F11
transaction OKTA Class A Common Stock Sale -$307K -1.22K -49.57% $251.99 1.24K Nov 19, 2021 Direct F1, F12
transaction OKTA Class A Common Stock Sale -$76K -300 -24.17% $253.42 941 Nov 19, 2021 Direct F1, F13
transaction OKTA Class A Common Stock Sale -$25.5K -100 -10.63% $255.16 841 Nov 19, 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$26.1K -100 -11.89% $260.87 741 Nov 19, 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$26.3K -100 -13.5% $262.51 641 Nov 19, 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$52.9K -200 -31.2% $264.35 441 Nov 19, 2021 Direct F1

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 -33.34% $0.00 10.9K Nov 19, 2021 Class A Common Stock 5.44K $39.21 Direct F14
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -4.61K -11.11% $0.00 36.9K Nov 19, 2021 Class A Common Stock 4.61K $82.16 Direct F15
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -3.77K -6.75% $0.00 52.1K Nov 19, 2021 Class A Common Stock 3.77K $142.47 Direct F16
holding OKTA Class B Common Stock 5.18M Nov 19, 2021 Class A Common Stock 5.18M By Trust F17
holding OKTA Class B Common Stock 128K Nov 19, 2021 Class A Common Stock 128K By Trust F17
holding OKTA Employee Stock Option (Right to Buy) 38.8K Nov 19, 2021 Class B Common Stock 38.8K $1.40 Direct F18
holding OKTA Employee Stock Option (Right to Buy) 486K Nov 19, 2021 Class B Common Stock 486K $7.17 Direct F18
holding OKTA Employee Stock Option (Right to Buy) 1.8M Nov 19, 2021 Class B Common Stock 1.8M $8.97 Direct F18
holding OKTA Employee Stock Option (Right to Buy) 63.7K Nov 19, 2021 Class A Common Stock 63.7K $274.96 Direct F19
holding OKTA Employee Stock Option (Right to Buy) 127K Nov 19, 2021 Class A Common Stock 127K $274.96 Direct F19
holding OKTA Restricted Stock Units 7.06K Nov 19, 2021 Class A Common Stock 7.06K Direct F20, F21
holding OKTA Restricted Stock Units 19.1K Nov 19, 2021 Class A Common Stock 19.1K Direct F20, F22
holding OKTA Restricted Stock Units 26.4K Nov 19, 2021 Class A Common Stock 26.4K Direct F20, F23
holding OKTA Restricted Stock Units 27K Nov 19, 2021 Class A Common Stock 27K Direct F20, F24
* 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 $240.005 to $240.92 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 $241.125 to $242.11 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 $242.18 to $243.00 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 $243.69 to $244.44 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 $244.865 to $245.84 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 $246.01 to $246.89 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 $247.40 to $248.07 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 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.48 to $249.215 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.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.505 to $250.50 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.
F11 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.56 to $251.55 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.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.56 to $252.54 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.
F13 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.815 to $253.73 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.
F14 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.
F15 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.
F16 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.
F17 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.
F18 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F19 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.
F20 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F21 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.
F22 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.
F23 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.
F24 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.