Todd McKinnon - 20 Aug 2021 Form 4 Insider Report for Okta, Inc. (OKTA)

Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
20 Aug 2021
Transactions value $
-$2,673,934
Form type
4
Filing time
24 Aug 2021, 17:11:19 UTC
Previous filing
22 Jul 2021
Next filing
17 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Options Exercise $106,611 +2,719 +35.85% $39.21 10,304 20 Aug 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $189,296 +2,304 +22.36% $82.16 12,608 20 Aug 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $235,217 +1,651 +13.09% $142.47 14,259 20 Aug 2021 Direct
transaction OKTA Class A Common Stock Sale -$1,500,297 -6,490 -45.52% $231.17 7,769 20 Aug 2021 Direct F1, F2
transaction OKTA Class A Common Stock Sale -$1,058,423 -4,558 -58.67% $232.21 3,211 20 Aug 2021 Direct F1, F3
transaction OKTA Class A Common Stock Sale -$505,912 -2,170 -67.58% $233.14 1,041 20 Aug 2021 Direct F1, F4
transaction OKTA Class A Common Stock Sale -$140,428 -600 -57.64% $234.05 441 20 Aug 2021 Direct F1, F5

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 -2,719 -9.09% $0 27,188 20 Aug 2021 Class A Common Stock 2,719 $39.21 Direct F6
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -2,304 -4.35% $0 50,680 20 Aug 2021 Class A Common Stock 2,304 $82.16 Direct F7
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -1,651 -2.54% $0 63,465 20 Aug 2021 Class A Common Stock 1,651 $142.47 Direct F8
holding OKTA Class B Common Stock 5,182,781 20 Aug 2021 Class A Common Stock 5,182,781 By Trust F9
holding OKTA Class B Common Stock 128,247 20 Aug 2021 Class A Common Stock 128,247 By Trust F9
holding OKTA Employee Stock Option (Right to Buy) 38,827 20 Aug 2021 Class B Common Stock 38,827 $1.4 Direct F10
holding OKTA Employee Stock Option (Right to Buy) 486,053 20 Aug 2021 Class B Common Stock 486,053 $7.17 Direct F10
holding OKTA Employee Stock Option (Right to Buy) 1,798,891 20 Aug 2021 Class B Common Stock 1,798,891 $8.97 Direct F10
holding OKTA Employee Stock Option (Right to Buy) 63,667 20 Aug 2021 Class A Common Stock 63,667 $274.96 Direct F11
holding OKTA Employee Stock Option (Right to Buy) 127,334 20 Aug 2021 Class A Common Stock 127,334 $274.96 Direct F11
holding OKTA Restricted Stock Units 10,594 20 Aug 2021 Class A Common Stock 10,594 Direct F12, F13
holding OKTA Restricted Stock Units 22,263 20 Aug 2021 Class A Common Stock 22,263 Direct F12, F14
holding OKTA Restricted Stock Units 29,067 20 Aug 2021 Class A Common Stock 29,067 Direct F12, F15
holding OKTA Restricted Stock Units 26,957 20 Aug 2021 Class A Common Stock 26,957 Direct F12, F16
* 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.78 to $231.77 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $231.78 to $232.76 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $232.78 to $233.77 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $233.85 to $234.24 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 25% of the shares subject to the option vested on February 1, 2019, 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 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.
F8 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.
F9 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.
F10 The shares subject to the option are fully vested and exercisable by the Reporting Person.
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 the Issuer's Class A Common Stock.
F13 25% of the shares underlying the RSU vested on March 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 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.
F15 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.
F16 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.