Brett Tighe - Mar 15, 2023 Form 4 Insider Report for Okta, Inc. (OKTA)

Signature
/s/ Alan Smith, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Mar 15, 2023
Transactions value $
-$180,132
Form type
4
Date filed
3/17/2023, 06:01 PM
Previous filing
Dec 19, 2022
Next filing
Mar 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Options Exercise $0 +466 +1.1% $0.00 43K Mar 15, 2023 Direct F1
transaction OKTA Class A Common Stock Sale -$14.8K -179 -0.42% $82.48 42.8K Mar 16, 2023 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +302 +0.7% $0.00 43.1K Mar 15, 2023 Direct
transaction OKTA Class A Common Stock Sale -$9.24K -112 -0.26% $82.48 43K Mar 16, 2023 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +415 +0.96% $0.00 43.4K Mar 15, 2023 Direct
transaction OKTA Class A Common Stock Sale -$10.6K -128 -0.29% $82.48 43.3K Mar 16, 2023 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +202 +0.47% $0.00 43.5K Mar 15, 2023 Direct
transaction OKTA Class A Common Stock Sale -$5.2K -63 -0.14% $82.48 43.5K Mar 16, 2023 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +4.58K +10.54% $0.00 48K Mar 15, 2023 Direct
transaction OKTA Class A Common Stock Sale -$102K -1.24K -2.59% $82.48 46.8K Mar 16, 2023 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +1.86K +3.98% $0.00 48.7K Mar 15, 2023 Direct
transaction OKTA Class A Common Stock Sale -$37.9K -460 -0.95% $82.48 48.2K Mar 16, 2023 Direct F2, F3
holding OKTA Class A Common Stock 1.25K Mar 15, 2023 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 Options Exercise $0 -466 -49.95% $0.00 467 Mar 15, 2023 Class A Common Stock 466 Direct F4, F5
transaction OKTA Restricted Stock Units Options Exercise $0 -302 -16.68% $0.00 1.51K Mar 15, 2023 Class A Common Stock 302 Direct F4, F6
transaction OKTA Restricted Stock Units Options Exercise $0 -415 -12.5% $0.00 2.91K Mar 15, 2023 Class A Common Stock 415 Direct F4, F7
transaction OKTA Restricted Stock Units Options Exercise $0 -202 -11.1% $0.00 1.62K Mar 15, 2023 Class A Common Stock 202 Direct F4, F8
transaction OKTA Restricted Stock Units Options Exercise $0 -4.58K -7.69% $0.00 55K Mar 15, 2023 Class A Common Stock 4.58K Direct F4, F9
transaction OKTA Restricted Stock Units Award $0 +1.86K $0.00 1.86K Mar 15, 2023 Class A Common Stock 1.86K Direct F4, F10
transaction OKTA Restricted Stock Units Options Exercise $0 -1.86K -100% $0.00* 0 Mar 15, 2023 Class A Common Stock 1.86K Direct F4, F10
holding OKTA Class B Common Stock 69K Mar 15, 2023 Class A Common Stock 69K By Trust F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1 share 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 $81.11 to $83.24, 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 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, 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 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.
F7 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.
F8 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.
F9 6.25% of the shares underlying the RSU vested 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.
F10 100% of the shares underlying the RSU vested on March 15, 2023.
F11 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.