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

Role
Chief Accounting Officer
Signature
/s/ Alan Smith, 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, 17:20:16 UTC
Previous filing
02 Apr 2024
Next filing
17 Sep 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 +2,196 +53% $0.000000 6,307 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -1,113 -18% $0.000000 5,194 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +556 +11% $0.000000 5,750 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -282 -4.9% $0.000000 5,468 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +484 +8.9% $0.000000 5,952 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -246 -4.1% $0.000000 5,706 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 -2,196 -10% $0.000000 19,763 15 Jun 2024 Class A Common Stock 2,196 Direct F1, F2
transaction OKTA Restricted Stock Units Options Exercise $0 -556 -13% $0.000000 3,890 15 Jun 2024 Class A Common Stock 556 Direct F1, F3
transaction OKTA Restricted Stock Units Options Exercise $0 -484 -8.3% $0.000000 5,326 15 Jun 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.