Todd McKinnon - 30 Jun 2022 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Executive Officer, Director
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
30 Jun 2022
Transactions value $
$0
Form type
4
Filing time
05 Jul 2022, 17:08:47 UTC
Previous filing
17 Jun 2022
Next filing
19 Sep 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 13,493 30 Jun 2022 Direct

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 -38,827 -100% $0* 0 30 Jun 2022 Class B Common Stock 38,827 $1.4 Direct F1
transaction OKTA Class B Common Stock Options Exercise $0 +38,827 $0 38,827 30 Jun 2022 Class A Common Stock 38,827 Direct F2
transaction OKTA Employee Stock Option (Right to Buy) Options Exercise $0 -4,088 -0.23% $0 1,794,803 30 Jun 2022 Class B Common Stock 4,088 $8.97 Direct F1
transaction OKTA Class B Common Stock Options Exercise $0 +4,088 +10.53% $0 42,915 30 Jun 2022 Class A Common Stock 4,088 Direct F2
transaction OKTA Class B Common Stock Gift $0 -42,915 -100% $0* 0 30 Jun 2022 Class A Common Stock 42,915 Direct F2
transaction OKTA Class B Common Stock Gift $0 +42,915 +0.83% $0 5,225,696 30 Jun 2022 Class A Common Stock 42,915 By Trust F2
holding OKTA Class B Common Stock 128,247 30 Jun 2022 Class A Common Stock 128,247 By Trust F2
holding OKTA Employee Stock Option (Right to Buy) 486,053 30 Jun 2022 Class B Common Stock 486,053 $7.17 Direct F1
holding OKTA Employee Stock Option (Right to Buy) 5,438 30 Jun 2022 Class A Common Stock 5,438 $39.21 Direct F1
holding OKTA Employee Stock Option (Right to Buy) 32,251 30 Jun 2022 Class A Common Stock 32,251 $82.16 Direct F3
holding OKTA Employee Stock Option (Right to Buy) 48,372 30 Jun 2022 Class A Common Stock 48,372 $142.47 Direct F4
holding OKTA Employee Stock Option (Right to Buy) 63,667 30 Jun 2022 Class A Common Stock 63,667 $274.96 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 127,334 30 Jun 2022 Class A Common Stock 127,334 $274.96 Direct F5
holding OKTA Restricted Stock Units 9,541 30 Jun 2022 Class A Common Stock 9,541 Direct F6, F7
holding OKTA Restricted Stock Units 18,497 30 Jun 2022 Class A Common Stock 18,497 Direct F6, F8
holding OKTA Restricted Stock Units 18,533 30 Jun 2022 Class A Common Stock 18,533 Direct F6, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F2 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.
F3 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.
F4 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.
F5 25% of the shares subject to the option vested 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.
F6 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F7 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.
F8 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.
F9 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.