Larissa Schwartz - 29 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
29 Mar 2024
Net transactions value
$0
Form type
4
Filing time
02 Apr 2024, 18:31:10 UTC
Previous filing
19 Mar 2024
Next filing
18 Jun 2024
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 29,027 29 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 Award $0 +23,240 $0.000000 23,240 29 Mar 2024 Class A Common Stock 23,240 Direct F1, F2
holding OKTA Restricted Stock Units 178 29 Mar 2024 Class A Common Stock 178 Direct F1, F3
holding OKTA Restricted Stock Units 312 29 Mar 2024 Class A Common Stock 312 Direct F1, F4
holding OKTA Restricted Stock Units 674 29 Mar 2024 Class A Common Stock 674 Direct F1, F5
holding OKTA Restricted Stock Units 2,212 29 Mar 2024 Class A Common Stock 2,212 Direct F1, F6
holding OKTA Restricted Stock Units 865 29 Mar 2024 Class A Common Stock 865 Direct F1, F7
holding OKTA Restricted Stock Units 35,563 29 Mar 2024 Class A Common Stock 35,563 Direct F1, F8
holding OKTA Employee Stock Option (Right to Buy) 14,167 29 Mar 2024 Class B Common Stock 14,167 $8.62 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 9,000 29 Mar 2024 Class B Common Stock 9,000 $8.73 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 5,000 29 Mar 2024 Class B Common Stock 5,000 $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, 2024, 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 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.
F4 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.
F5 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.
F6 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.
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 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.
F9 The shares subject to the option are fully vested and exercisable by the Reporting Person.

Remarks:

Chief Legal Officer and Secretary