Jonathan T. Runyan - May 2, 2022 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
General Counsel and Secretary
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
May 2, 2022
Transactions value $
-$11,841
Form type
4
Date filed
5/4/2022, 05:03 PM
Previous filing
Mar 24, 2022
Next filing
Jun 17, 2022

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 May 2, 2022 Direct F1
transaction OKTA Class A Common Stock Sale -$11.8K -100 -100% $118.41 0 May 2, 2022 Direct F2
holding OKTA Class A Common Stock 63K May 2, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -100 -0.07% $0.00 135K May 2, 2022 Class B Common Stock 100 $8.97 Direct F3
transaction OKTA Class B Common Stock Options Exercise $0 +100 $0.00 100 May 2, 2022 Class A Common Stock 100 Direct F1
transaction OKTA Class B Common Stock Conversion of derivative security $0 -100 -100% $0.00* 0 May 2, 2022 Class A Common Stock 100 Direct F1
holding OKTA Restricted Stock Units 3.74K May 2, 2022 Class A Common Stock 3.74K Direct F4, F5
holding OKTA Restricted Stock Units 7.4K May 2, 2022 Class A Common Stock 7.4K Direct F4, F6
holding OKTA Restricted Stock Units 4.04K May 2, 2022 Class A Common Stock 4.04K Direct F4, F7
holding OKTA Restricted Stock Units 61.1K May 2, 2022 Class A Common Stock 61.1K Direct F4, F8
holding OKTA Employee Stock Option (Right to Buy) 52K May 2, 2022 Class A Common Stock 52K $39.21 Direct F3
holding OKTA Employee Stock Option (Right to Buy) 32.5K May 2, 2022 Class A Common Stock 32.5K $82.16 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 31.3K May 2, 2022 Class A Common Stock 31.3K $142.47 Direct F10
holding OKTA Employee Stock Option (Right to Buy) 12.7K May 2, 2022 Class A Common Stock 12.7K $274.96 Direct F11
holding OKTA Employee Stock Option (Right to Buy) 102K May 2, 2022 Class A Common Stock 102K $274.96 Direct F11
* 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 shares subject to the option are fully vested and exercisable by the Reporting Person.
F4 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.