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

Signature
/s/ Alan Smith, 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, 05:20 PM
Previous filing
Apr 2, 2024
Next filing
Sep 17, 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 +2.2K +53.42% $0.00 6.31K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -1.11K -17.65% $0.00 5.19K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +556 +10.7% $0.00 5.75K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -282 -4.9% $0.00 5.47K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +484 +8.85% $0.00 5.95K Jun 15, 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -246 -4.13% $0.00 5.71K 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 -2.2K -10% $0.00 19.8K Jun 15, 2024 Class A Common Stock 2.2K Direct F1, F2
transaction OKTA Restricted Stock Units Options Exercise $0 -556 -12.51% $0.00 3.89K Jun 15, 2024 Class A Common Stock 556 Direct F1, F3
transaction OKTA Restricted Stock Units Options Exercise $0 -484 -8.33% $0.00 5.33K Jun 15, 2024 Class A Common Stock 484 Direct F1, F4
* 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.
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.