Larissa Schwartz - Mar 21, 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
Stock symbol
OKTA
Transactions as of
Mar 21, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 05:10 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 20.7K 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 +53.3K $0.00 53.3K Mar 21, 2023 Class A Common Stock 53.3K Direct F1, F2
holding OKTA Restricted Stock Units 263 Mar 21, 2023 Class A Common Stock 263 Direct F1, F3
holding OKTA Restricted Stock Units 888 Mar 21, 2023 Class A Common Stock 888 Direct F1, F4
holding OKTA Restricted Stock Units 727 Mar 21, 2023 Class A Common Stock 727 Direct F1, F5
holding OKTA Restricted Stock Units 1.35K Mar 21, 2023 Class A Common Stock 1.35K Direct F1, F6
holding OKTA Restricted Stock Units 3.48K Mar 21, 2023 Class A Common Stock 3.48K Direct F1, F7
holding OKTA Restricted Stock Units 1.3K Mar 21, 2023 Class A Common Stock 1.3K Direct F1, F8
holding OKTA Employee Stock Option (Right to Buy) 14.2K Mar 21, 2023 Class B Common Stock 14.2K $8.62 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 9K Mar 21, 2023 Class B Common Stock 9K $8.73 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 5K Mar 21, 2023 Class B Common Stock 5K $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