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

Role
Chief Legal Officer and Secretary
Signature
/s/ Alan Smith, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
21 Mar 2023
Net transactions value
$0
Form type
4
Filing time
23 Mar 2023, 17:10:34 UTC
Previous filing
17 Mar 2023
Next filing
20 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OKTA Class A Common Stock 20,679 21 Mar 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 +53,344 $0.000000 53,344 21 Mar 2023 Class A Common Stock 53,344 Direct F1, F2
holding OKTA Restricted Stock Units 263 21 Mar 2023 Class A Common Stock 263 Direct F1, F3
holding OKTA Restricted Stock Units 888 21 Mar 2023 Class A Common Stock 888 Direct F1, F4
holding OKTA Restricted Stock Units 727 21 Mar 2023 Class A Common Stock 727 Direct F1, F5
holding OKTA Restricted Stock Units 1,348 21 Mar 2023 Class A Common Stock 1,348 Direct F1, F6
holding OKTA Restricted Stock Units 3,476 21 Mar 2023 Class A Common Stock 3,476 Direct F1, F7
holding OKTA Restricted Stock Units 1,298 21 Mar 2023 Class A Common Stock 1,298 Direct F1, F8
holding OKTA Employee Stock Option (Right to Buy) 14,167 21 Mar 2023 Class B Common Stock 14,167 $8.62 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 9,000 21 Mar 2023 Class B Common Stock 9,000 $8.73 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 5,000 21 Mar 2023 Class B Common Stock 5,000 $11.36 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 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 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.
F4 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.
F5 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.
F6 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.
F7 6.25% of the shares underlying the RSU vested on March 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.
F8 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.
F9 The shares subject to the option are fully vested and exercisable by the Reporting Person.

Remarks:

Chief Legal Officer and Secretary