Todd McKinnon - 15 Jun 2024 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
15 Jun 2024
Transactions value $
$0
Form type
4
Filing time
18 Jun 2024, 17:19:06 UTC
Previous filing
02 Apr 2024
Next filing
23 Jul 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 +1,684 +4.3% $0 41,073 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -854 -2.1% $0 40,219 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +10,505 +26% $0 50,724 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -5,324 -10% $0 45,400 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Options Exercise $0 +5,035 +11% $0 50,435 15 Jun 2024 Direct
transaction OKTA Class A Common Stock Tax liability $0 -2,552 -5.1% $0 47,883 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 -1,684 -25% $0 5,055 15 Jun 2024 Class A Common Stock 1,684 Direct F1, F2
transaction OKTA Restricted Stock Units Options Exercise $0 -10,505 -12% $0 73,537 15 Jun 2024 Class A Common Stock 10,505 Direct F1, F3
transaction OKTA Restricted Stock Units Options Exercise $0 -5,035 -8.3% $0 55,388 15 Jun 2024 Class A Common Stock 5,035 Direct F1, F4
holding OKTA Employee Stock Option (Right to Buy) 181,053 15 Jun 2024 Class B Common Stock 181,053 $7.17 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 1,794,803 15 Jun 2024 Class B Common Stock 1,794,803 $8.97 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 5,438 15 Jun 2024 Class A Common Stock 5,438 $39.21 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 32,251 15 Jun 2024 Class A Common Stock 32,251 $82.16 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 48,372 15 Jun 2024 Class A Common Stock 48,372 $142.47 Direct F5
holding OKTA Employee Stock Option (Right to Buy) 63,667 15 Jun 2024 Class A Common Stock 63,667 $274.96 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 127,334 15 Jun 2024 Class A Common Stock 127,334 $274.96 Direct F6
holding OKTA Class B Common Stock 5,530,696 15 Jun 2024 Class A Common Stock 5,530,696 By Trust F7
holding OKTA Class B Common Stock 128,247 15 Jun 2024 Class A Common Stock 128,247 By Trust F7
* 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 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.
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.
F4 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.
F5 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F6 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.
F7 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.