Christopher K. Kramer - Oct 14, 2021 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Accounting Officer
Signature
Larissa Schwartz, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Oct 14, 2021
Transactions value $
-$852,443
Form type
4
Date filed
10/15/2021, 05:54 PM
Previous filing
Sep 17, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Conversion of derivative security $0 +3.34K +30.77% $0.00 14.2K Oct 14, 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$130K -516 -3.64% $251.06 13.7K Oct 14, 2021 Direct F2, F3
transaction OKTA Class A Common Stock Sale -$12.6K -50 -0.37% $252.97 13.6K Oct 14, 2021 Direct F2
transaction OKTA Class A Common Stock Sale -$140K -550 -4.04% $254.58 13.1K Oct 14, 2021 Direct F2, F4
transaction OKTA Class A Common Stock Sale -$204K -800 -6.13% $255.52 12.3K Oct 14, 2021 Direct F2, F5
transaction OKTA Class A Common Stock Sale -$180K -700 -5.71% $257.36 11.6K Oct 14, 2021 Direct F2, F6
transaction OKTA Class A Common Stock Sale -$186K -719 -6.22% $258.22 10.8K Oct 14, 2021 Direct F2, F7

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 Employee Stock Option (Right to Buy) Options Exercise $0 -3.34K -100% $0.00* 0 Oct 14, 2021 Class B Common Stock 3.34K $9.74 Direct F8
transaction OKTA Class B Common Stock Options Exercise $0 +3.34K $0.00 3.34K Oct 14, 2021 Class A Common Stock 3.34K Direct F1
transaction OKTA Class B Common Stock Conversion of derivative security $0 -3.34K -100% $0.00* 0 Oct 14, 2021 Class A Common Stock 3.34K Direct F1
holding OKTA Employee Stock Option (Right to Buy) 3.19K Oct 14, 2021 Class A Common Stock 3.19K $103.69 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 7.59K Oct 14, 2021 Class A Common Stock 7.59K $142.47 Direct F10
holding OKTA Employee Stock Option (Right to Buy) 3.18K Oct 14, 2021 Class A Common Stock 3.18K $274.96 Direct F11
holding OKTA Restricted Stock Units 3.37K Oct 14, 2021 Class A Common Stock 3.37K Direct F12, F13
holding OKTA Restricted Stock Units 2.45K Oct 14, 2021 Class A Common Stock 2.45K Direct F12, F14
holding OKTA Restricted Stock Units 704 Oct 14, 2021 Class A Common Stock 704 Direct F12, F15
holding OKTA Restricted Stock Units 2.25K Oct 14, 2021 Class A Common Stock 2.25K Direct F12, F16
holding OKTA Restricted Stock Units 1.8K Oct 14, 2021 Class A Common Stock 1.8K Direct F12, F17
holding OKTA Restricted Stock Units 1.35K Oct 14, 2021 Class A Common Stock 1.35K Direct F12, F18
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.00 to $251.65 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.04 to $255.02 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.09 to $255.99 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.79 to $257.78 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.88 to $258.86 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F9 25% of the shares subject to the option vested on October 1, 2020, 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.
F10 25% of the shares subject to the option vested on February 1, 2021, 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.
F11 25% of the shares subject to the option shall vest 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.
F12 Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
F13 25% of the shares underlying the RSU vested on June 15, 2019, 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.
F14 25% of the shares underlying the RSU vested on June 15, 2020, 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.
F15 25% of the shares underlying the RSU vested on September 15, 2020, 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.
F16 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 employment with the Issuer on each such date.
F17 6.25% of the shares underlying the RSU vested on March 15, 2021, 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.
F18 25% of the shares underlying the RSU shall vest 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.