Jacques Frederic Kerrest - 15 Jun 2024 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Director
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
15 Jun 2024
Net transactions value
$0
Form type
4
Filing time
18 Jun 2024, 17:17:45 UTC
Previous filing
12 Jun 2024
Next filing
24 Jun 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 Options Exercise $0 +1,850 $0.000000 1,850 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -798 -43% $0.000000 1,052 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +843 +80% $0.000000 1,895 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -343 -18% $0.000000 1,552 15 Jun 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 -1,850 -25% $0.000000 5,549 15 Jun 2024 Class A Common Stock 1,850 Direct F1, F2
transaction OKTA Restricted Stock Units Options Exercise $0 -843 -13% $0.000000 5,897 15 Jun 2024 Class A Common Stock 843 Direct F1, F3
holding OKTA Employee Stock Option (Right to Buy) 235,953 15 Jun 2024 Class B Common Stock 235,953 $7.17 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 988,852 15 Jun 2024 Class B Common Stock 988,852 $8.97 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 114,000 15 Jun 2024 Class A Common Stock 114,000 $39.21 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 71,547 15 Jun 2024 Class A Common Stock 71,547 $82.16 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 41,673 15 Jun 2024 Class A Common Stock 41,673 $142.47 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 26,527 15 Jun 2024 Class A Common Stock 26,527 $274.96 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 13,263 15 Jun 2024 Class A Common Stock 13,263 $274.96 Direct F4
holding OKTA Class B Common Stock 1,139,387 15 Jun 2024 Class A Common Stock 1,139,387 By Trust F5
holding OKTA Class B Common Stock 257,668 15 Jun 2024 Class A Common Stock 257,668 By Trust F5
holding OKTA Class B Common Stock 129,376 15 Jun 2024 Class A Common Stock 129,376 By Trust F5
* 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 March 15, 2021, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date, and subject to tolling from November 1, 2022 through October 31, 2023 per a Sabbatical Agreement between the Reporting Person and the Issuer.
F3 25% of the shares underlying the RSU vested on March 15, 2022, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date, and subject to tolling from November 1, 2022 through October 31, 2023 per a Sabbatical Agreement between the Reporting Person and the Issuer.
F4 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F5 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.