CHRISTOPHER K. KRAMER - 15 Jul 2021 Form 4 Insider Report for Okta, Inc. (OKTA)

Role: Chief Accounting Officer
Signature: Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol: OKTA
Transactions as of: 15 Jul 2021
Net transactions value: -$809,719
Form type: 4
Filing time: 19 Jul 2021, 17:06:11 UTC
Previous filing: 17 Jun 2021
Next filing: 17 Sep 2021
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	Conversion of derivative security	$0	+3,333	+34%	$0.000000	13,142	15 Jul 2021	Direct
transaction	OKTA	Class A Common Stock	Sale	$809,719	-3,333	-25%	$242.94	9,809	15 Jul 2021	Direct	F1

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	-3,333	-33%	$0.000000	6,668	15 Jul 2021	Class B Common Stock	3,333	$9.74	Direct	F2
transaction	OKTA	Class B Common Stock	Options Exercise	$0	+3,333		$0.000000	3,333	15 Jul 2021	Class A Common Stock	3,333		Direct	F3
transaction	OKTA	Class B Common Stock	Conversion of derivative security	$0	-3,333	-100%	$0.000000^*	0	15 Jul 2021	Class A Common Stock	3,333		Direct	F3
holding	OKTA	Employee Stock Option (Right to Buy)						3,187	15 Jul 2021	Class A Common Stock	3,187	$103.69	Direct	F4
holding	OKTA	Employee Stock Option (Right to Buy)						7,590	15 Jul 2021	Class A Common Stock	7,590	$142.47	Direct	F5
holding	OKTA	Employee Stock Option (Right to Buy)						3,184	15 Jul 2021	Class A Common Stock	3,184	$274.96	Direct	F6
holding	OKTA	Restricted Stock Units						4,487	15 Jul 2021	Class A Common Stock	4,487		Direct	F7, F8
holding	OKTA	Restricted Stock Units						2,799	15 Jul 2021	Class A Common Stock	2,799		Direct	F7, F9
holding	OKTA	Restricted Stock Units						792	15 Jul 2021	Class A Common Stock	792		Direct	F7, F10
holding	OKTA	Restricted Stock Units						2,470	15 Jul 2021	Class A Common Stock	2,470		Direct	F7, F11
holding	OKTA	Restricted Stock Units						1,937	15 Jul 2021	Class A Common Stock	1,937		Direct	F7, F12
holding	OKTA	Restricted Stock Units						1,348	15 Jul 2021	Class A Common Stock	1,348		Direct	F7, F13

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2	The shares subject to the option are fully vested and exercisable by the Reporting Person.
F3	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.
F4	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.
F5	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.
F6	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.
F7	Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
F8	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.
F9	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.
F10	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.
F11	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.
F12	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.
F13	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.