Jacques Frederic Kerrest - Dec 17, 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
Dec 17, 2021
Transactions value $
-$42,668
Form type
4
Date filed
12/21/2021, 04:42 PM
Previous filing
Dec 17, 2021
Next filing
Dec 27, 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 +100 $0.00 100 Dec 17, 2021 By Trust F1
transaction OKTA Class A Common Stock Sale -$804 -4 -4% $201.03 96 Dec 17, 2021 By Trust F2, F3
transaction OKTA Class A Common Stock Sale -$1.03K -5 -5.21% $205.35 91 Dec 17, 2021 By Trust F2, F4
transaction OKTA Class A Common Stock Sale -$1.03K -5 -5.49% $206.41 86 Dec 17, 2021 By Trust F2, F5
transaction OKTA Class A Common Stock Sale -$414 -2 -2.33% $207.20 84 Dec 17, 2021 By Trust F2, F6
transaction OKTA Class A Common Stock Sale -$418 -2 -2.38% $209.07 82 Dec 17, 2021 By Trust F2, F7
transaction OKTA Class A Common Stock Sale -$1.27K -6 -7.32% $211.20 76 Dec 17, 2021 By Trust F2, F8
transaction OKTA Class A Common Stock Sale -$425 -2 -2.63% $212.51 74 Dec 17, 2021 By Trust F2, F9
transaction OKTA Class A Common Stock Sale -$2.78K -13 -17.57% $214.05 61 Dec 17, 2021 By Trust F2, F10
transaction OKTA Class A Common Stock Sale -$3.01K -14 -22.95% $215.05 47 Dec 17, 2021 By Trust F2, F11
transaction OKTA Class A Common Stock Sale -$8.42K -39 -82.98% $215.85 8 Dec 17, 2021 By Trust F2, F12
transaction OKTA Class A Common Stock Sale -$1.74K -8 -100% $217.12 0 Dec 17, 2021 By Trust F2, F13
transaction OKTA Class A Common Stock Conversion of derivative security $0 +100 $0.00 100 Dec 17, 2021 By Trust F1
transaction OKTA Class A Common Stock Sale -$603 -3 -3% $200.88 97 Dec 17, 2021 By Trust F2, F14
transaction OKTA Class A Common Stock Sale -$203 -1 -1.03% $202.54 96 Dec 17, 2021 By Trust F2
transaction OKTA Class A Common Stock Sale -$820 -4 -4.17% $205.04 92 Dec 17, 2021 By Trust F2, F15
transaction OKTA Class A Common Stock Sale -$1.44K -7 -7.61% $206.00 85 Dec 17, 2021 By Trust F2, F16
transaction OKTA Class A Common Stock Sale -$414 -2 -2.35% $207.20 83 Dec 17, 2021 By Trust F2, F17
transaction OKTA Class A Common Stock Sale -$417 -2 -2.41% $208.48 81 Dec 17, 2021 By Trust F2, F18
transaction OKTA Class A Common Stock Sale -$209 -1 -1.23% $209.20 80 Dec 17, 2021 By Trust F2
transaction OKTA Class A Common Stock Sale -$634 -3 -3.75% $211.31 77 Dec 17, 2021 By Trust F2, F19
transaction OKTA Class A Common Stock Sale -$637 -3 -3.9% $212.27 74 Dec 17, 2021 By Trust F2, F20
transaction OKTA Class A Common Stock Sale -$2.57K -12 -16.22% $214.01 62 Dec 17, 2021 By Trust F2, F21
transaction OKTA Class A Common Stock Sale -$3.01K -14 -22.58% $215.00 48 Dec 17, 2021 By Trust F2, F22
transaction OKTA Class A Common Stock Sale -$7.77K -36 -75% $215.84 12 Dec 17, 2021 By Trust F2, F23
transaction OKTA Class A Common Stock Sale -$2.6K -12 -100% $217.05 0 Dec 17, 2021 By Trust F2, F24
holding OKTA Class A Common Stock 17.4K Dec 17, 2021 Direct

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 Class B Common Stock Conversion of derivative security $0 -100 -0.04% $0.00 260K Dec 17, 2021 Class A Common Stock 100 By Trust F1
transaction OKTA Class B Common Stock Conversion of derivative security $0 -100 -0.01% $0.00 1.22M Dec 17, 2021 Class A Common Stock 100 By Trust F1
holding OKTA Class B Common Stock 87K Dec 17, 2021 Class A Common Stock 87K By Trust F1
holding OKTA Employee Stock Option (Right to Buy) 3.57K Dec 17, 2021 Class B Common Stock 3.57K $1.40 Direct F25
holding OKTA Employee Stock Option (Right to Buy) 42.8K Dec 17, 2021 Class B Common Stock 42.8K $3.11 Direct F25
holding OKTA Employee Stock Option (Right to Buy) 236K Dec 17, 2021 Class B Common Stock 236K $7.17 Direct F25
holding OKTA Employee Stock Option (Right to Buy) 989K Dec 17, 2021 Class B Common Stock 989K $8.97 Direct F25
holding OKTA Employee Stock Option (Right to Buy) 114K Dec 17, 2021 Class A Common Stock 114K $39.21 Direct F26
holding OKTA Employee Stock Option (Right to Buy) 71.5K Dec 17, 2021 Class A Common Stock 71.5K $82.16 Direct F27
holding OKTA Employee Stock Option (Right to Buy) 62.5K Dec 17, 2021 Class A Common Stock 62.5K $142.47 Direct F28
holding OKTA Employee Stock Option (Right to Buy) 31.8K Dec 17, 2021 Class A Common Stock 31.8K $274.96 Direct F29
holding OKTA Employee Stock Option (Right to Buy) 63.7K Dec 17, 2021 Class A Common Stock 63.7K $274.96 Direct F29
holding OKTA Restricted Stock Units 3.09K Dec 17, 2021 Class A Common Stock 3.09K Direct F30, F31
holding OKTA Restricted Stock Units 10.3K Dec 17, 2021 Class A Common Stock 10.3K Direct F30, F32
holding OKTA Restricted Stock Units 16.6K Dec 17, 2021 Class A Common Stock 16.6K Direct F30, F33
holding OKTA Restricted Stock Units 13.5K Dec 17, 2021 Class A Common Stock 13.5K Direct F30, F34
* 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.80 to $201.50 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.85 to $205.83 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 $206.04 to $206.53 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 $207.07 to $207.33 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 $209.03 to $209.115 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 $210.72 to $211.55 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.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.41 to $212.60 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 $213.47 to $214.40 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 $214.49 to $215.475 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 $215.6615 to $216.63 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 $216.75 to $217.37 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 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.80 to $201.03 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.
F15 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.63 to $205.62 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.
F16 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.72 to $206.52 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.
F17 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $207.06 to $207.33 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.
F18 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.115 to $208.84 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.
F19 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.84 to $211.55 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.
F20 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.99 to $212.41 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.
F21 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.47 to $214.40 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.
F22 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.49 to $215.43 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.
F23 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.49 to $216.46 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.
F24 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.49 to $217.37 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.
F25 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F26 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 through each vesting date.
F27 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 through each vesting date.
F28 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 through each vesting date.
F29 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 through each vesting date.
F30 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F31 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.
F32 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.
F33 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.
F34 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.

Remarks:

Executive Vice Chairperson of the Board and Chief Operating Officer