Eric Robert Kelleher - 15 Jul 2025 Form 4 Insider Report for Okta, Inc. (OKTA)

Role
President and Chief Operating Officer
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
15 Jul 2025
Net transactions value
-$1,470,595
Form type
4
Filing time
17 Jul 2025, 17:01:29 UTC
Previous filing
17 Jun 2025
Next filing
17 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kelleher Eric Robert President and Chief Operating Officer 100 FIRST STREET, SUITE 600, SAN FRANCISCO /s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 17 Jul 2025 0002053652

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Conversion of derivative security $0 +2,410 +12% $0.000000 23,062 15 Jul 2025 Direct F1, F2
transaction OKTA Class A Common Stock Sale $1,150,024 -12,546 -54% $91.66 10,516 15 Jul 2025 Direct F3, F4
transaction OKTA Class A Common Stock Sale $320,570 -3,472 -33% $92.33 7,044 15 Jul 2025 Direct F3, F5

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 -2,410 -25% $0.000000 7,228 15 Jul 2025 Class B Common Stock 2,410 $8.97 Direct F6
transaction OKTA Class B Common Stock Options Exercise $0 +2,410 $0.000000 2,410 15 Jul 2025 Class A Common Stock 2,410 Direct F1
transaction OKTA Class B Common Stock Conversion of derivative security $0 -2,410 -100% $0.000000 0 15 Jul 2025 Class A Common Stock 2,410 Direct F1
holding OKTA Employee Stock Option (Right to Buy) 2,955 15 Jul 2025 Class A Common Stock 2,955 $211.86 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 6,792 15 Jul 2025 Class A Common Stock 6,792 $274.96 Direct F6
holding OKTA Employee Stock Option (Right to Buy) 12,587 15 Jul 2025 Class A Common Stock 12,587 $255.38 Direct F7
holding OKTA Restricted Stock Units 385 15 Jul 2025 Class A Common Stock 385 Direct F8, F9
holding OKTA Restricted Stock Units 3,563 15 Jul 2025 Class A Common Stock 3,563 Direct F8, F10
holding OKTA Restricted Stock Units 29,857 15 Jul 2025 Class A Common Stock 29,857 Direct F8, F11
holding OKTA Restricted Stock Units 33,892 15 Jul 2025 Class A Common Stock 33,892 Direct F8, F12
holding OKTA Restricted Stock Units 58,079 15 Jul 2025 Class A Common Stock 58,079 Direct F8, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 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.
F2 Includes 172 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan.
F3 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 15, 2025.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.09 to $92.08 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.09 to $92.65 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The shares subject to the option are fully vested and exercisable by the Reporting Person.
F7 25% of the shares subject to the option vested on September 15, 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.
F8 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F9 25% of the shares underlying the RSU vested on September 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.
F10 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.
F11 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.
F12 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.
F13 8.33% of the shares underlying the RSU vested on June 15, 2025, 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.

Remarks:

President and Chief Operating Officer