Brett Tighe - 22 Mar 2022 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Financial Officer
Signature
Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
22 Mar 2022
Transactions value $
$0
Form type
4
Filing time
24 Mar 2022, 19:38:44 UTC
Previous filing
17 Mar 2022
Next filing
17 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OKTA Class A Common Stock 30.8K 22 Mar 2022 Direct
holding OKTA Class A Common Stock 1.25K 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 +73.3K $0.00 73.3K 22 Mar 2022 Class A Common Stock 73.3K Direct F1, F2
holding OKTA Restricted Stock Units 761 22 Mar 2022 Class A Common Stock 761 Direct F1, F3
holding OKTA Restricted Stock Units 2.33K 22 Mar 2022 Class A Common Stock 2.33K Direct F1, F4
holding OKTA Restricted Stock Units 2.72K 22 Mar 2022 Class A Common Stock 2.72K Direct F1, F5
holding OKTA Restricted Stock Units 4.57K 22 Mar 2022 Class A Common Stock 4.57K Direct F1, F6
holding OKTA Restricted Stock Units 2.43K 22 Mar 2022 Class A Common Stock 2.43K Direct F1, F7
holding OKTA Restricted Stock Units 4.35K 22 Mar 2022 Class A Common Stock 4.35K Direct F1, F8
holding OKTA Employee Stock Option (Right to Buy) 25.5K 22 Mar 2022 Class B Common Stock 25.5K $3.92 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 23.5K 22 Mar 2022 Class B Common Stock 23.5K $8.73 Direct F9
holding OKTA Employee Stock Option (Right to Buy) 20K 22 Mar 2022 Class B Common Stock 20K $9.74 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 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 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.
F4 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.
F5 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.
F6 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.
F7 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.
F8 25% of the shares underlying the RSU vested on September 15, 2021, and the remaining shares underlying the RSU shall vest in 3 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.