CHRISTOPHER K. KRAMER - 15 Mar 2022 Form 4 Insider Report for Okta, Inc. (OKTA)

Signature
Larissa Schwartz, attorney-in-fact of the Reporting Person
Issuer symbol
OKTA
Transactions as of
15 Mar 2022
Net transactions value
-$158,275
Form type
4
Filing time
17 Mar 2022, 17:04:12 UTC
Previous filing
17 Dec 2021
Next filing
24 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKTA Class A Common Stock Options Exercise $0 +1,122 +9.5% $0.000000 12,910 15 Mar 2022 Direct F1
transaction OKTA Class A Common Stock Sale $64,686 -423 -3.3% $152.92 12,487 16 Mar 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +349 +2.8% $0.000000 12,836 15 Mar 2022 Direct
transaction OKTA Class A Common Stock Sale $18,810 -123 -0.96% $152.92 12,713 16 Mar 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +88 +0.69% $0.000000 12,801 15 Mar 2022 Direct
transaction OKTA Class A Common Stock Sale $4,741 -31 -0.24% $152.92 12,770 16 Mar 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +225 +1.8% $0.000000 12,995 15 Mar 2022 Direct
transaction OKTA Class A Common Stock Sale $12,081 -79 -0.61% $152.92 12,916 16 Mar 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +138 +1.1% $0.000000 13,054 15 Mar 2022 Direct
transaction OKTA Class A Common Stock Sale $7,493 -49 -0.38% $152.92 13,005 16 Mar 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +337 +2.6% $0.000000 13,342 15 Mar 2022 Direct
transaction OKTA Class A Common Stock Sale $18,198 -119 -0.89% $152.92 13,223 16 Mar 2022 Direct F2, F3
transaction OKTA Class A Common Stock Options Exercise $0 +600 +4.5% $0.000000 13,823 15 Mar 2022 Direct
transaction OKTA Class A Common Stock Sale $32,267 -211 -1.5% $152.92 13,612 16 Mar 2022 Direct F2, F3

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 -1,122 -50% $0.000000 1,122 15 Mar 2022 Class A Common Stock 1,122 Direct F4, F5
transaction OKTA Restricted Stock Units Options Exercise $0 -349 -17% $0.000000 1,750 15 Mar 2022 Class A Common Stock 349 Direct F4, F6
transaction OKTA Restricted Stock Units Options Exercise $0 -88 -14% $0.000000 528 15 Mar 2022 Class A Common Stock 88 Direct F4, F7
transaction OKTA Restricted Stock Units Options Exercise $0 -225 -11% $0.000000 1,796 15 Mar 2022 Class A Common Stock 225 Direct F4, F8
transaction OKTA Restricted Stock Units Options Exercise $0 -138 -8.3% $0.000000 1,522 15 Mar 2022 Class A Common Stock 138 Direct F4, F9
transaction OKTA Restricted Stock Units Options Exercise $0 -337 -25% $0.000000 1,011 15 Mar 2022 Class A Common Stock 337 Direct F4, F10
transaction OKTA Restricted Stock Units Award $0 +600 $0.000000 600 15 Mar 2022 Class A Common Stock 600 Direct F4, F11
transaction OKTA Restricted Stock Units Options Exercise $0 -600 -100% $0.000000* 0 15 Mar 2022 Class A Common Stock 600 Direct F4, F11
holding OKTA Employee Stock Option (Right to Buy) 3,187 15 Mar 2022 Class A Common Stock 3,187 $103.69 Direct F12
holding OKTA Employee Stock Option (Right to Buy) 7,590 15 Mar 2022 Class A Common Stock 7,590 $142.47 Direct F13
holding OKTA Employee Stock Option (Right to Buy) 3,184 15 Mar 2022 Class A Common Stock 3,184 $274.96 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 17 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan.
F2 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $146.27 to $157.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) with regard to the block trade.
F4 Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
F5 25% of the shares underlying the RSU vested on June 15, 2019, 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.
F6 25% of the shares underlying the RSU vested on June 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.
F7 25% of the shares underlying the RSU vested on September 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 6.25% of the shares underlying the RSU vested on March 15, 2021, 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.
F10 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.
F11 100% of the shares underlying the RSU vested on March 15, 2022.
F12 25% of the shares subject to the option vested on October 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.
F13 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.
F14 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.