Todd McKinnon - Jun 15, 2024 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Executive Officer, Director
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Jun 15, 2024
Transactions value $
$0
Form type
4
Date filed
6/18/2024, 05:19 PM
Previous filing
Apr 2, 2024
Next filing
Jul 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Options Exercise $0 +1.68K +4.28% $0.00 41.1K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -854 -2.08% $0.00 40.2K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +10.5K +26.12% $0.00 50.7K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -5.32K -10.5% $0.00 45.4K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +5.04K +11.09% $0.00 50.4K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -2.55K -5.06% $0.00 47.9K Jun 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 -1.68K -24.99% $0.00 5.06K Jun 15, 2024 Class A Common Stock 1.68K Direct F1, F2
transaction OKTA Restricted Stock Units Options Exercise $0 -10.5K -12.5% $0.00 73.5K Jun 15, 2024 Class A Common Stock 10.5K Direct F1, F3
transaction OKTA Restricted Stock Units Options Exercise $0 -5.04K -8.33% $0.00 55.4K Jun 15, 2024 Class A Common Stock 5.04K Direct F1, F4
holding OKTA Employee Stock Option (Right to Buy) 181K Jun 15, 2024 Class B Common Stock 181K $7.17 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 1.79M Jun 15, 2024 Class B Common Stock 1.79M $8.97 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 5.44K Jun 15, 2024 Class A Common Stock 5.44K $39.21 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 32.3K Jun 15, 2024 Class A Common Stock 32.3K $82.16 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 48.4K Jun 15, 2024 Class A Common Stock 48.4K $142.47 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 63.7K Jun 15, 2024 Class A Common Stock 63.7K $274.96 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 127K Jun 15, 2024 Class A Common Stock 127K $274.96 Direct F6
holding OKTA Class B Common Stock 5.53M Jun 15, 2024 Class A Common Stock 5.53M By Trust F7
holding OKTA Class B Common Stock 128K Jun 15, 2024 Class A Common Stock 128K By Trust F7
* 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, 2022, 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.
F4 8.33% of the shares underlying the RSU vested 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.
F5 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F6 25% of the shares subject to the option vested on February 1, 2022, and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F7 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.