Okta, Inc. — Director's Dealing 2022

Jun 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Okta, Inc. (OKTA)
CIK: 0001660134
Period of Report: 2022-06-15

Reporting Person: KRAMER CHRISTOPHER K (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-15	Class A Common Stock	M	1122	$0.00	Acquired	14734	Direct
2022-06-16	Class A Common Stock	S	418	$79.9734	Disposed	14316	Direct
2022-06-15	Class A Common Stock	M	350	$0.00	Acquired	14666	Direct
2022-06-16	Class A Common Stock	S	131	$79.9734	Disposed	14535	Direct
2022-06-15	Class A Common Stock	M	88	$0.00	Acquired	14623	Direct
2022-06-16	Class A Common Stock	S	33	$79.9734	Disposed	14590	Direct
2022-06-15	Class A Common Stock	M	224	$0.00	Acquired	14814	Direct
2022-06-16	Class A Common Stock	S	84	$79.9734	Disposed	14730	Direct
2022-06-15	Class A Common Stock	M	138	$0.00	Acquired	14868	Direct
2022-06-16	Class A Common Stock	S	52	$79.9734	Disposed	14816	Direct
2022-06-15	Class A Common Stock	M	84	$0.00	Acquired	14900	Direct
2022-06-16	Class A Common Stock	S	32	$79.9734	Disposed	14868	Direct
2022-06-15	Class A Common Stock	M	216	$0.00	Acquired	15084	Direct
2022-06-16	Class A Common Stock	S	81	$79.9734	Disposed	15003	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-06-15	Restricted Stock Units	$	M	1122	Disposed		Class A Common Stock (1122)	Direct
2022-06-15	Restricted Stock Units	$	M	350	Disposed		Class A Common Stock (350)	Direct
2022-06-15	Restricted Stock Units	$	M	88	Disposed		Class A Common Stock (88)	Direct
2022-06-15	Restricted Stock Units	$	M	224	Disposed		Class A Common Stock (224)	Direct
2022-06-15	Restricted Stock Units	$	M	138	Disposed		Class A Common Stock (138)	Direct
2022-06-15	Restricted Stock Units	$	M	84	Disposed		Class A Common Stock (84)	Direct
2022-06-15	Restricted Stock Units	$	M	216	Disposed		Class A Common Stock (216)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$103.69	2029-09-18	Class A Common Stock (3187)	3187	Direct
Employee Stock Option (Right to Buy)	$142.47	2030-04-14	Class A Common Stock (7590)	7590	Direct
Employee Stock Option (Right to Buy)	$274.96	2031-04-21	Class A Common Stock (3184)	3184	Direct

Footnotes

F1: 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.

F2: 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 $78.32 to $83.73, 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 (2) with regard to the block trade.

F3: Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.

F4: The shares underlying the RSU fully vested on June 15, 2022.

F5: 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.

F6: 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.

F7: 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.

F8: 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.

F9: 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.

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: 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.

F12: 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.

F13: 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.