Todd McKinnon - Mar 21, 2023 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Executive Officer, Director
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Mar 21, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 05:06 PM
Previous filing
Mar 17, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OKTA Class A Common Stock 26.4K Mar 21, 2023 Direct

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 +126K $0.00 126K Mar 21, 2023 Class A Common Stock 126K Direct F1, F2
holding OKTA Restricted Stock Units 10.6K Mar 21, 2023 Class A Common Stock 10.6K Direct F1, F3
holding OKTA Restricted Stock Units 13.5K Mar 21, 2023 Class A Common Stock 13.5K Direct F1, F4
holding OKTA Class B Common Stock 5.53M Mar 21, 2023 Class A Common Stock 5.53M By Trust F5
holding OKTA Class B Common Stock 128K Mar 21, 2023 Class A Common Stock 128K By Trust F5
holding OKTA Employee Stock Option (Right to Buy) 181K Mar 21, 2023 Class B Common Stock 181K $7.17 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 1.79M Mar 21, 2023 Class B Common Stock 1.79M $8.97 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 5.44K Mar 21, 2023 Class A Common Stock 5.44K $39.21 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 32.3K Mar 21, 2023 Class A Common Stock 32.3K $82.16 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 48.4K Mar 21, 2023 Class A Common Stock 48.4K $142.47 Direct F7
holding OKTA Employee Stock Option (Right to Buy) 63.7K Mar 21, 2023 Class A Common Stock 63.7K $274.96 Direct F8
holding OKTA Employee Stock Option (Right to Buy) 127K Mar 21, 2023 Class A Common Stock 127K $274.96 Direct F8
* 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 the Issuer's Class A Common Stock.
F2 8.33% of the shares underlying the RSU shall vest on June 15, 2023, and the remaining shares underlying the RSU shall vest in 11 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 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.
F4 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.
F5 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.
F6 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F7 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.
F8 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.