Larissa Schwartz - 15 Mar 2024 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
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 17:57:24 UTC
Previous filing
13 Mar 2024
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Tax liability $0 -4,439 -14% $0.000000 26,444 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +177 +0.67% $0.000000 26,621 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -100 -0.38% $0.000000 26,521 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +103 +0.39% $0.000000 26,624 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -58 -0.22% $0.000000 26,566 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +169 +0.64% $0.000000 26,735 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -95 -0.36% $0.000000 26,640 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +316 +1.2% $0.000000 26,956 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -177 -0.66% $0.000000 26,779 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +109 +0.41% $0.000000 26,888 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -55 -0.2% $0.000000 26,833 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +4,445 +17% $0.000000 31,278 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -2,251 -7.2% $0.000000 29,027 15 Mar 2024 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 Options Exercise $0 -177 -50% $0.000000 178 15 Mar 2024 Class A Common Stock 177 Direct F1, F2
transaction OKTA Restricted Stock Units Options Exercise $0 -103 -25% $0.000000 312 15 Mar 2024 Class A Common Stock 103 Direct F1, F3
transaction OKTA Restricted Stock Units Options Exercise $0 -169 -20% $0.000000 674 15 Mar 2024 Class A Common Stock 169 Direct F1, F4
transaction OKTA Restricted Stock Units Options Exercise $0 -316 -12% $0.000000 2,212 15 Mar 2024 Class A Common Stock 316 Direct F1, F5
transaction OKTA Restricted Stock Units Options Exercise $0 -109 -11% $0.000000 865 15 Mar 2024 Class A Common Stock 109 Direct F1, F6
transaction OKTA Restricted Stock Units Options Exercise $0 -4,445 -11% $0.000000 35,563 15 Mar 2024 Class A Common Stock 4,445 Direct F1, F7
holding OKTA Employee Stock Option (Right to Buy) 14,167 15 Mar 2024 Class B Common Stock 14,167 $8.62 Direct F8
holding OKTA Employee Stock Option (Right to Buy) 9,000 15 Mar 2024 Class B Common Stock 9,000 $8.73 Direct F8
holding OKTA Employee Stock Option (Right to Buy) 5,000 15 Mar 2024 Class B Common Stock 5,000 $11.36 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 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.
F3 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.
F4 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.
F5 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.
F6 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.
F7 8.33% of the shares underlying the RSU vested 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.
F8 The shares subject to the option are fully vested and exercisable by the Reporting Person.

Remarks:

Chief Legal Officer and Secretary