Jonathan James Addison - 15 Jun 2024 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
Chief Revenue Officer
Signature
/s/ Alan Smith, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
15 Jun 2024
Transactions value $
$0
Form type
4
Filing time
18 Jun 2024, 17:16:22 UTC
Previous filing
02 Apr 2024
Next filing
17 Sep 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 Options Exercise $0 +1.07K +4.28% $0.00 26K 15 Jun 2024 Direct F1
transaction OKTA Class A Common Stock Tax liability $0 -584 -2.24% $0.00 25.5K 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +848 +3.33% $0.00 26.3K 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -463 -1.76% $0.00 25.8K 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +3.32K +12.84% $0.00 29.2K 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -1.81K -6.21% $0.00 27.3K 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +3.59K +13.13% $0.00 30.9K 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -1.96K -6.34% $0.00 29K 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +1.45K +5.01% $0.00 30.4K 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -793 -2.61% $0.00 29.6K 15 Jun 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 -1.07K -14.29% $0.00 6.41K 15 Jun 2024 Class A Common Stock 1.07K Direct F2, F3
transaction OKTA Restricted Stock Units Options Exercise $0 -848 -12.5% $0.00 5.94K 15 Jun 2024 Class A Common Stock 848 Direct F2, F4
transaction OKTA Restricted Stock Units Options Exercise $0 -3.32K -12.5% $0.00 23.2K 15 Jun 2024 Class A Common Stock 3.32K Direct F2, F5
transaction OKTA Restricted Stock Units Options Exercise $0 -3.59K -9.09% $0.00 35.9K 15 Jun 2024 Class A Common Stock 3.59K Direct F2, F6
transaction OKTA Restricted Stock Units Options Exercise $0 -1.45K -8.33% $0.00 16K 15 Jun 2024 Class A Common Stock 1.45K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on an internal audit, the Issuer determined that due to an administrative error, the Reporting Person's Form 3 filed on February 7, 2024 and subsequent Forms 4 inadvertently understated the Reporting Person's Class A common stock by 60 shares. This has been corrected on this Form 4.
F2 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F3 25% of the shares underlying the RSU vested on December 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 6.25% of the shares underlying the RSU vested 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.
F5 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.
F6 8.33% of the shares underlying the RSU vested on March 15, 2024, 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.
F7 8.33% of the shares underlying the RSU vested on June 15, 2024, 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.