Brett Tighe - Mar 22, 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 22, 2022
Transactions value $
$0
Form type
4
Date filed
3/24/2022, 07:38 PM
Previous filing
Mar 17, 2022
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OKTA Class A Common Stock 30.8K Mar 22, 2022 Direct
holding OKTA Class A Common Stock 1.25K Mar 22, 2022 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 Restricted Stock Units Award $0 +73.3K $0.00 73.3K Mar 22, 2022 Class A Common Stock 73.3K Direct F1, F2
holding OKTA Restricted Stock Units 761 Mar 22, 2022 Class A Common Stock 761 Direct F1, F3
holding OKTA Restricted Stock Units 2.33K Mar 22, 2022 Class A Common Stock 2.33K Direct F1, F4
holding OKTA Restricted Stock Units 2.72K Mar 22, 2022 Class A Common Stock 2.72K Direct F1, F5
holding OKTA Restricted Stock Units 4.57K Mar 22, 2022 Class A Common Stock 4.57K Direct F1, F6
holding OKTA Restricted Stock Units 2.43K Mar 22, 2022 Class A Common Stock 2.43K Direct F1, F7
holding OKTA Restricted Stock Units 4.35K Mar 22, 2022 Class A Common Stock 4.35K Direct F1, F8
holding OKTA Employee Stock Option (Right to Buy) 25.5K Mar 22, 2022 Class B Common Stock 25.5K $3.92 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 23.5K Mar 22, 2022 Class B Common Stock 23.5K $8.73 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 20K Mar 22, 2022 Class B Common Stock 20K $9.74 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
F2 6.25% of the shares underlying the RSU shall vest on June 15, 2022, 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.
F3 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.
F4 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.
F5 6.25% of the shares underlying the RSU vested on September 15, 2020, 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.
F6 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.
F7 6.25% of the shares underlying the RSU vested on June 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.
F8 25% of the shares underlying the RSU vested on September 15, 2021, and the remaining shares underlying the RSU shall vest in 3 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F9 The shares subject to the option are fully vested and exercisable by the Reporting Person.