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

Role
Chief Financial Officer
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, 17:12:04 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 48,201 21 Mar 2023 Direct
holding OKTA Class A Common Stock 1,250 21 Mar 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 Award $0 +75,571 $0.000000 75,571 21 Mar 2023 Class A Common Stock 75,571 Direct F1, F2
holding OKTA Restricted Stock Units 467 21 Mar 2023 Class A Common Stock 467 Direct F1, F3
holding OKTA Restricted Stock Units 1,509 21 Mar 2023 Class A Common Stock 1,509 Direct F1, F4
holding OKTA Restricted Stock Units 2,905 21 Mar 2023 Class A Common Stock 2,905 Direct F1, F5
holding OKTA Restricted Stock Units 1,618 21 Mar 2023 Class A Common Stock 1,618 Direct F1, F6
holding OKTA Restricted Stock Units 54,962 21 Mar 2023 Class A Common Stock 54,962 Direct F1, F7
holding OKTA Class B Common Stock 69,046 21 Mar 2023 Class A Common Stock 69,046 By Trust 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 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 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.
F8 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.