Larissa Schwartz - Mar 29, 2024 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Legal Officer and Secretary
Signature
/s/ Alan Smith, attorney-in-fact of the Reporting Person
Stock symbol
OKTA
Transactions as of
Mar 29, 2024
Transactions value $
$0
Form type
4
Date filed
4/2/2024, 06:31 PM
Previous filing
Mar 19, 2024
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OKTA Class A Common Stock 29K Mar 29, 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 Award $0 +23.2K $0.00 23.2K Mar 29, 2024 Class A Common Stock 23.2K Direct F1, F2
holding OKTA Restricted Stock Units 178 Mar 29, 2024 Class A Common Stock 178 Direct F1, F3
holding OKTA Restricted Stock Units 312 Mar 29, 2024 Class A Common Stock 312 Direct F1, F4
holding OKTA Restricted Stock Units 674 Mar 29, 2024 Class A Common Stock 674 Direct F1, F5
holding OKTA Restricted Stock Units 2.21K Mar 29, 2024 Class A Common Stock 2.21K Direct F1, F6
holding OKTA Restricted Stock Units 865 Mar 29, 2024 Class A Common Stock 865 Direct F1, F7
holding OKTA Restricted Stock Units 35.6K Mar 29, 2024 Class A Common Stock 35.6K Direct F1, F8
holding OKTA Employee Stock Option (Right to Buy) 14.2K Mar 29, 2024 Class B Common Stock 14.2K $8.62 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 9K Mar 29, 2024 Class B Common Stock 9K $8.73 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 5K Mar 29, 2024 Class B Common Stock 5K $11.36 Direct F9
* 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 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.
F3 6.25% of the shares underlying the RSU vested on September 15, 2020, 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.
F4 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.
F5 6.25% of the shares underlying the RSU vested on June 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.
F6 6.25% of the shares underlying the RSU vested on March 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.
F7 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.
F8 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.
F9 The shares subject to the option are fully vested and exercisable by the Reporting Person.

Remarks:

Chief Legal Officer and Secretary