Jonathan James Addison - 15 Sep 2024 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Revenue Officer
Signature
/s/ Alan Smith, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
15 Sep 2024
Net transactions value
$0
Form type
4
Filing time
17 Sep 2024, 17:43:04 UTC
Previous filing
18 Jun 2024
Next filing
16 Oct 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 +1,069 +5.4% $0.000000 20,855 15 Sep 2024 Direct F1
transaction OKTA Class A Common Stock Tax liability $0 -584 -2.8% $0.000000 20,271 15 Sep 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +848 +4.2% $0.000000 21,119 15 Sep 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -463 -2.2% $0.000000 20,656 15 Sep 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +3,317 +16% $0.000000 23,973 15 Sep 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -1,811 -7.6% $0.000000 22,162 15 Sep 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +3,591 +16% $0.000000 25,753 15 Sep 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -1,961 -7.6% $0.000000 23,792 15 Sep 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +1,453 +6.1% $0.000000 25,245 15 Sep 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -794 -3.1% $0.000000 24,451 15 Sep 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 -1,069 -17% $0.000000 5,345 15 Sep 2024 Class A Common Stock 1,069 Direct F2, F3
transaction OKTA Restricted Stock Units Options Exercise $0 -848 -14% $0.000000 5,090 15 Sep 2024 Class A Common Stock 848 Direct F2, F4
transaction OKTA Restricted Stock Units Options Exercise $0 -3,317 -14% $0.000000 19,905 15 Sep 2024 Class A Common Stock 3,317 Direct F2, F5
transaction OKTA Restricted Stock Units Options Exercise $0 -3,591 -10% $0.000000 32,319 15 Sep 2024 Class A Common Stock 3,591 Direct F2, F6
transaction OKTA Restricted Stock Units Options Exercise $0 -1,453 -9.1% $0.000000 14,525 15 Sep 2024 Class A Common Stock 1,453 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Since the date of the Reporting Person's last ownership report, he transferred 9,850 shares of Okta, Inc. Class A Common Stock to his ex-spouse pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-spouse.
F2 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F3 25% of the shares underlying the Restricted Stock Units ("RSU") vested on December 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.
F4 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.
F5 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.
F6 8.33% of the shares underlying the RSU vested on March 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.
F7 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.