Todd McKinnon - Dec 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
Dec 20, 2021
Transactions value $
-$2,913,946
Form type
4
Date filed
12/22/2021, 04:02 PM
Previous filing
Dec 17, 2021
Next filing
Mar 17, 2022

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 +109.05% $39.21 10.4K Dec 20, 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $379K +4.61K +44.2% $82.16 15K Dec 20, 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $538K +3.77K +25.11% $142.47 18.8K Dec 20, 2021 Direct
transaction OKTA Class A Common Stock Sale -$42.5K -200 -1.06% $212.27 18.6K Dec 20, 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$171K -800 -4.3% $214.14 17.8K Dec 20, 2021 Direct F1, F2
transaction OKTA Class A Common Stock Sale -$196K -910 -5.11% $215.15 16.9K Dec 20, 2021 Direct F1, F3
transaction OKTA Class A Common Stock Sale -$64.8K -300 -1.78% $215.99 16.6K Dec 20, 2021 Direct F1, F4
transaction OKTA Class A Common Stock Sale -$174K -800 -4.82% $217.73 15.8K Dec 20, 2021 Direct F1, F5
transaction OKTA Class A Common Stock Sale -$384K -1.75K -11.11% $218.94 14K Dec 20, 2021 Direct F1, F6
transaction OKTA Class A Common Stock Sale -$595K -2.7K -19.23% $220.21 11.3K Dec 20, 2021 Direct F1, F7
transaction OKTA Class A Common Stock Sale -$1.06M -4.8K -42.32% $221.08 6.54K Dec 20, 2021 Direct F1, F8
transaction OKTA Class A Common Stock Sale -$1.17M -5.28K -80.75% $222.08 1.26K Dec 20, 2021 Direct F1, F9
transaction OKTA Class A Common Stock Sale -$182K -818 -64.97% $222.73 441 Dec 20, 2021 Direct F1, F10

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 -50% $0.00 5.44K Dec 20, 2021 Class A Common Stock 5.44K $39.21 Direct F11
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -4.61K -12.5% $0.00 32.3K Dec 20, 2021 Class A Common Stock 4.61K $82.16 Direct F12
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -3.77K -7.24% $0.00 48.4K Dec 20, 2021 Class A Common Stock 3.77K $142.47 Direct F13
holding OKTA Class B Common Stock 5.18M Dec 20, 2021 Class A Common Stock 5.18M By Trust F14
holding OKTA Class B Common Stock 128K Dec 20, 2021 Class A Common Stock 128K By Trust F14
holding OKTA Employee Stock Option (Right to Buy) 38.8K Dec 20, 2021 Class B Common Stock 38.8K $1.40 Direct F15
holding OKTA Employee Stock Option (Right to Buy) 486K Dec 20, 2021 Class B Common Stock 486K $7.17 Direct F15
holding OKTA Employee Stock Option (Right to Buy) 1.8M Dec 20, 2021 Class B Common Stock 1.8M $8.97 Direct F15
holding OKTA Employee Stock Option (Right to Buy) 63.7K Dec 20, 2021 Class A Common Stock 63.7K $274.96 Direct F16
holding OKTA Employee Stock Option (Right to Buy) 127K Dec 20, 2021 Class A Common Stock 127K $274.96 Direct F16
holding OKTA Restricted Stock Units 3.53K Dec 20, 2021 Class A Common Stock 3.53K Direct F17, F18
holding OKTA Restricted Stock Units 15.9K Dec 20, 2021 Class A Common Stock 15.9K Direct F17, F19
holding OKTA Restricted Stock Units 23.8K Dec 20, 2021 Class A Common Stock 23.8K Direct F17, F20
holding OKTA Restricted Stock Units 27K Dec 20, 2021 Class A Common Stock 27K Direct F17, F21
* 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 $213.51 to $214.50 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.63 to $215.62 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.98 to $216.00 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 $217.195 to $218.19 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.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $218.45 to $219.425 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 $219.5675 to $220.54 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.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.58 to $221.52 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.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.61 to $222.60 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 $222.61 to $222.91 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 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.
F12 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.
F13 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.
F14 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.
F15 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F16 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.
F17 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F18 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.
F19 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.
F20 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.
F21 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.