Christopher K. Kramer - Mar 15, 2022 Form 4 Insider Report for Okta, Inc. (OKTA)

Signature
Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Mar 15, 2022
Transactions value $
-$158,275
Form type
4
Date filed
3/17/2022, 05:04 PM
Previous filing
Dec 17, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Options Exercise $0 +1.12K +9.52% $0.00 12.9K Mar 15, 2022 Direct F1
transaction OKTA Class A Common Stock Sale -$64.7K -423 -3.28% $152.92 12.5K Mar 16, 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +349 +2.79% $0.00 12.8K Mar 15, 2022 Direct
transaction OKTA Class A Common Stock Sale -$18.8K -123 -0.96% $152.92 12.7K Mar 16, 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +88 +0.69% $0.00 12.8K Mar 15, 2022 Direct
transaction OKTA Class A Common Stock Sale -$4.74K -31 -0.24% $152.92 12.8K Mar 16, 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +225 +1.76% $0.00 13K Mar 15, 2022 Direct
transaction OKTA Class A Common Stock Sale -$12.1K -79 -0.61% $152.92 12.9K Mar 16, 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +138 +1.07% $0.00 13.1K Mar 15, 2022 Direct
transaction OKTA Class A Common Stock Sale -$7.49K -49 -0.38% $152.92 13K Mar 16, 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +337 +2.59% $0.00 13.3K Mar 15, 2022 Direct
transaction OKTA Class A Common Stock Sale -$18.2K -119 -0.89% $152.92 13.2K Mar 16, 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +600 +4.54% $0.00 13.8K Mar 15, 2022 Direct
transaction OKTA Class A Common Stock Sale -$32.3K -211 -1.53% $152.92 13.6K Mar 16, 2022 Direct F2, F3

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 Restricted Stock Units Options Exercise $0 -1.12K -50% $0.00 1.12K Mar 15, 2022 Class A Common Stock 1.12K Direct F4, F5
transaction OKTA Restricted Stock Units Options Exercise $0 -349 -16.63% $0.00 1.75K Mar 15, 2022 Class A Common Stock 349 Direct F4, F6
transaction OKTA Restricted Stock Units Options Exercise $0 -88 -14.29% $0.00 528 Mar 15, 2022 Class A Common Stock 88 Direct F4, F7
transaction OKTA Restricted Stock Units Options Exercise $0 -225 -11.13% $0.00 1.8K Mar 15, 2022 Class A Common Stock 225 Direct F4, F8
transaction OKTA Restricted Stock Units Options Exercise $0 -138 -8.31% $0.00 1.52K Mar 15, 2022 Class A Common Stock 138 Direct F4, F9
transaction OKTA Restricted Stock Units Options Exercise $0 -337 -25% $0.00 1.01K Mar 15, 2022 Class A Common Stock 337 Direct F4, F10
transaction OKTA Restricted Stock Units Award $0 +600 $0.00 600 Mar 15, 2022 Class A Common Stock 600 Direct F4, F11
transaction OKTA Restricted Stock Units Options Exercise $0 -600 -100% $0.00* 0 Mar 15, 2022 Class A Common Stock 600 Direct F4, F11
holding OKTA Employee Stock Option (Right to Buy) 3.19K Mar 15, 2022 Class A Common Stock 3.19K $103.69 Direct F12
holding OKTA Employee Stock Option (Right to Buy) 7.59K Mar 15, 2022 Class A Common Stock 7.59K $142.47 Direct F13
holding OKTA Employee Stock Option (Right to Buy) 3.18K Mar 15, 2022 Class A Common Stock 3.18K $274.96 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 17 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan.
F2 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $146.27 to $157.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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 (3) with regard to the block trade.
F4 Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
F5 25% of the shares underlying the RSU vested on June 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.
F6 25% of the shares underlying the RSU vested on June 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.
F7 25% of the shares underlying the RSU vested on September 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.
F8 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.
F9 6.25% of the shares underlying the RSU vested on March 15, 2021, and the remaining shares underlying the RSU shall vest in 15 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, 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.
F11 100% of the shares underlying the RSU vested on March 15, 2022.
F12 25% of the shares subject to the option vested on October 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 25% of the shares subject to the option vested 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.