Todd McKinnon - Sep 28, 2022 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
Sep 28, 2022
Transactions value $
$0
Form type
4
Date filed
9/29/2022, 06:00 PM
Previous filing
Sep 19, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OKTA Class A Common Stock 17.1K Sep 28, 2022 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 Employee Stock Option (Right to Buy) Options Exercise $0 -305K -62.75% $0.00 181K Sep 28, 2022 Class B Common Stock 305K $7.17 Direct F1
transaction OKTA Class B Common Stock Options Exercise $0 +305K $0.00 305K Sep 28, 2022 Class A Common Stock 305K Direct F2
transaction OKTA Class B Common Stock Gift $0 -305K -100% $0.00* 0 Sep 28, 2022 Class A Common Stock 305K Direct F2
transaction OKTA Class B Common Stock Gift $0 +305K +5.84% $0.00 5.53M Sep 28, 2022 Class A Common Stock 305K By Trust F2
holding OKTA Class B Common Stock 128K Sep 28, 2022 Class A Common Stock 128K By Trust F2
holding OKTA Employee Stock Option (Right to Buy) 1.79M Sep 28, 2022 Class B Common Stock 1.79M $8.97 Direct F1
holding OKTA Employee Stock Option (Right to Buy) 5.44K Sep 28, 2022 Class A Common Stock 5.44K $39.21 Direct F1
holding OKTA Employee Stock Option (Right to Buy) 32.3K Sep 28, 2022 Class A Common Stock 32.3K $82.16 Direct F3
holding OKTA Employee Stock Option (Right to Buy) 48.4K Sep 28, 2022 Class A Common Stock 48.4K $142.47 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 63.7K Sep 28, 2022 Class A Common Stock 63.7K $274.96 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 127K Sep 28, 2022 Class A Common Stock 127K $274.96 Direct F5
holding OKTA Restricted Stock Units 6.36K Sep 28, 2022 Class A Common Stock 6.36K Direct F6, F7
holding OKTA Restricted Stock Units 15.9K Sep 28, 2022 Class A Common Stock 15.9K Direct F6, F8
holding OKTA Restricted Stock Units 16.8K Sep 28, 2022 Class A Common Stock 16.8K Direct F6, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F2 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.
F3 25% of the shares subject to the option vested on February 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.
F4 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.
F5 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.
F6 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F7 25% of the shares underlying the RSU vested on March 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.
F8 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.
F9 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.