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

Role
Chief Financial Officer
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, 05:12 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 48.2K Mar 21, 2023 Direct
holding OKTA Class A Common Stock 1.25K Mar 21, 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 +75.6K $0.00 75.6K Mar 21, 2023 Class A Common Stock 75.6K Direct F1, F2
holding OKTA Restricted Stock Units 467 Mar 21, 2023 Class A Common Stock 467 Direct F1, F3
holding OKTA Restricted Stock Units 1.51K Mar 21, 2023 Class A Common Stock 1.51K Direct F1, F4
holding OKTA Restricted Stock Units 2.91K Mar 21, 2023 Class A Common Stock 2.91K Direct F1, F5
holding OKTA Restricted Stock Units 1.62K Mar 21, 2023 Class A Common Stock 1.62K Direct F1, F6
holding OKTA Restricted Stock Units 55K Mar 21, 2023 Class A Common Stock 55K Direct F1, F7
holding OKTA Class B Common Stock 69K Mar 21, 2023 Class A Common Stock 69K 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.