Todd McKinnon - 19 Nov 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
19 Nov 2021
Transactions value $
-$2,283,576
Form type
4
Filing time
23 Nov 2021, 16:17:53 UTC
Previous filing
22 Oct 2021
Next filing
17 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Options Exercise $213,223 +5,438 +1,233% $39.21 5,879 19 Nov 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $378,511 +4,607 +78% $82.16 10,486 19 Nov 2021 Direct
transaction OKTA Class A Common Stock Options Exercise $537,539 +3,773 +36% $142.47 14,259 19 Nov 2021 Direct
transaction OKTA Class A Common Stock Sale -$526,591 -2,189 -15% $240.56 12,070 19 Nov 2021 Direct F1, F2
transaction OKTA Class A Common Stock Sale -$442,156 -1,830 -15% $241.62 10,240 19 Nov 2021 Direct F1, F3
transaction OKTA Class A Common Stock Sale -$307,944 -1,270 -12% $242.48 8,970 19 Nov 2021 Direct F1, F4
transaction OKTA Class A Common Stock Sale -$73,206 -300 -3.3% $244.02 8,670 19 Nov 2021 Direct F1, F5
transaction OKTA Class A Common Stock Sale -$147,185 -600 -6.9% $245.31 8,070 19 Nov 2021 Direct F1, F6
transaction OKTA Class A Common Stock Sale -$201,653 -818 -10% $246.52 7,252 19 Nov 2021 Direct F1, F7
transaction OKTA Class A Common Stock Sale -$74,292 -300 -4.1% $247.64 6,952 19 Nov 2021 Direct F1, F8
transaction OKTA Class A Common Stock Sale -$99,535 -400 -5.8% $248.84 6,552 19 Nov 2021 Direct F1, F9
transaction OKTA Class A Common Stock Sale -$256,298 -1,025 -16% $250.05 5,527 19 Nov 2021 Direct F1, F10
transaction OKTA Class A Common Stock Sale -$769,809 -3,066 -55% $251.08 2,461 19 Nov 2021 Direct F1, F11
transaction OKTA Class A Common Stock Sale -$307,426 -1,220 -50% $251.99 1,241 19 Nov 2021 Direct F1, F12
transaction OKTA Class A Common Stock Sale -$76,024 -300 -24% $253.42 941 19 Nov 2021 Direct F1, F13
transaction OKTA Class A Common Stock Sale -$25,516 -100 -11% $255.16 841 19 Nov 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$26,087 -100 -12% $260.87 741 19 Nov 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$26,251 -100 -13% $262.51 641 19 Nov 2021 Direct F1
transaction OKTA Class A Common Stock Sale -$52,870 -200 -31% $264.35 441 19 Nov 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 -5,438 -33% $0 10,875 19 Nov 2021 Class A Common Stock 5,438 $39.21 Direct F14
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -4,607 -11% $0 36,858 19 Nov 2021 Class A Common Stock 4,607 $82.16 Direct F15
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -3,773 -6.7% $0 52,146 19 Nov 2021 Class A Common Stock 3,773 $142.47 Direct F16
holding OKTA Class B Common Stock 5,182,781 19 Nov 2021 Class A Common Stock 5,182,781 By Trust F17
holding OKTA Class B Common Stock 128,247 19 Nov 2021 Class A Common Stock 128,247 By Trust F17
holding OKTA Employee Stock Option (Right to Buy) 38,827 19 Nov 2021 Class B Common Stock 38,827 $1.4 Direct F18
holding OKTA Employee Stock Option (Right to Buy) 486,053 19 Nov 2021 Class B Common Stock 486,053 $7.17 Direct F18
holding OKTA Employee Stock Option (Right to Buy) 1,798,891 19 Nov 2021 Class B Common Stock 1,798,891 $8.97 Direct F18
holding OKTA Employee Stock Option (Right to Buy) 63,667 19 Nov 2021 Class A Common Stock 63,667 $274.96 Direct F19
holding OKTA Employee Stock Option (Right to Buy) 127,334 19 Nov 2021 Class A Common Stock 127,334 $274.96 Direct F19
holding OKTA Restricted Stock Units 7,063 19 Nov 2021 Class A Common Stock 7,063 Direct F20, F21
holding OKTA Restricted Stock Units 19,082 19 Nov 2021 Class A Common Stock 19,082 Direct F20, F22
holding OKTA Restricted Stock Units 26,425 19 Nov 2021 Class A Common Stock 26,425 Direct F20, F23
holding OKTA Restricted Stock Units 26,957 19 Nov 2021 Class A Common Stock 26,957 Direct F20, F24
* 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 $240.005 to $240.92 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 $241.125 to $242.11 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 $242.18 to $243.00 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 $243.69 to $244.44 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.865 to $245.84 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.01 to $246.89 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.40 to $248.07 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.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.48 to $249.215 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.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.505 to $250.50 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.
F11 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.56 to $251.55 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.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.56 to $252.54 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.
F13 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.815 to $253.73 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.
F14 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.
F15 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.
F16 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.
F17 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.
F18 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F19 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.
F20 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F21 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.
F22 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.
F23 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.
F24 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.