Shibu Ninan - 15 Mar 2024 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Accounting Officer
Signature
/s/ Alan Smith, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 17:58:42 UTC
Previous filing
13 Mar 2024
Next filing
21 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Tax liability $0 -555 -7.3% $0.000000 7,079 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +2,196 +31% $0.000000 9,275 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -1,158 -12% $0.000000 8,117 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +555 +6.8% $0.000000 8,672 15 Mar 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -282 -3.3% $0.000000 8,390 15 Mar 2024 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 Restricted Stock Units Options Exercise $0 -2,196 -9.1% $0.000000 21,959 15 Mar 2024 Class A Common Stock 2,196 Direct F1, F2
transaction OKTA Restricted Stock Units Options Exercise $0 -555 -11% $0.000000 4,446 15 Mar 2024 Class A Common Stock 555 Direct F1, F3
* 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 25% of the shares underlying the RSU vested on September 15, 2023, 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.
F3 8.33% of the shares underlying the RSU vested on June 15, 2023, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.