Ledger Susan St. - 22 Mar 2022 Form 4 Insider Report for Okta, Inc. (OKTA)

Signature
Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
22 Mar 2022
Net transactions value
$0
Form type
4
Filing time
24 Mar 2022, 19:35:52 UTC
Previous filing
17 Mar 2022
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OKTA Class A Common Stock 35,384 22 Mar 2022 Direct
holding OKTA Class A Common Stock 27 22 Mar 2022 By Trust

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 +36,641 $0.000000 36,641 22 Mar 2022 Class A Common Stock 36,641 Direct F1, F2
holding OKTA Restricted Stock Units 32,347 22 Mar 2022 Class A Common Stock 32,347 Direct F1, F3
holding OKTA Restricted Stock Units 53,913 22 Mar 2022 Class A Common Stock 53,913 Direct F1, F4
* 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 6.25% of the shares underlying the RSU shall vest 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.
F3 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.
F4 50% of the shares underlying the RSU vested on September 15, 2021 and the remaining shall vest on September 15, 2022, subject to the Reporting Person's continuous employment with the Issuer on each such date.

Remarks:

President, Worldwide Field Operations