Shibu Ninan - Mar 15, 2024 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Accounting Officer
Signature
/s/ Alan Smith, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Mar 15, 2024
Transactions value $
$0
Form type
4
Date filed
3/19/2024, 05:58 PM
Previous filing
Mar 13, 2024
Next filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Tax liability $0 -555 -7.27% $0.00 7.08K Mar 15, 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +2.2K +31.02% $0.00 9.28K Mar 15, 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -1.16K -12.49% $0.00 8.12K Mar 15, 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +555 +6.84% $0.00 8.67K Mar 15, 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -282 -3.25% $0.00 8.39K Mar 15, 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 -2.2K -9.09% $0.00 22K Mar 15, 2024 Class A Common Stock 2.2K Direct F1, F2
transaction OKTA Restricted Stock Units Options Exercise $0 -555 -11.1% $0.00 4.45K Mar 15, 2024 Class A Common Stock 555 Direct F1, F3
* 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 25% of the shares underlying the RSU vested on September 15, 2023, 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.
F3 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.