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Okta, Inc. Director's Dealing 2023

Sep 20, 2023

30365_dirs_2023-09-19_34bfd8fd-9d92-4e0f-b263-6d1a12d89d76.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Okta, Inc. (OKTA)
CIK: 0001660134
Period of Report: 2023-09-15

Reporting Person: Tighe Brett (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-09-15 Class A Common Stock M 301 $0.00 Acquired 56753 Direct
2023-09-18 Class A Common Stock S 140 $83.0072 Disposed 56613 Direct
2023-09-15 Class A Common Stock M 415 $0.00 Acquired 57028 Direct
2023-09-18 Class A Common Stock S 190 $83.0072 Disposed 56838 Direct
2023-09-15 Class A Common Stock M 202 $0.00 Acquired 57040 Direct
2023-09-18 Class A Common Stock S 92 $83.0072 Disposed 56948 Direct
2023-09-15 Class A Common Stock M 4580 $0.00 Acquired 61528 Direct
2023-09-18 Class A Common Stock S 1906 $83.0072 Disposed 59622 Direct
2023-09-15 Class A Common Stock M 6298 $0.00 Acquired 65920 Direct
2023-09-18 Class A Common Stock S 2518 $83.0072 Disposed 63402 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-09-15 Restricted Stock Units $ M 301 Disposed Class A Common Stock (301) Direct
2023-09-15 Restricted Stock Units $ M 415 Disposed Class A Common Stock (415) Direct
2023-09-15 Restricted Stock Units $ M 202 Disposed Class A Common Stock (202) Direct
2023-09-15 Restricted Stock Units $ M 4580 Disposed Class A Common Stock (4580) Direct
2023-09-15 Restricted Stock Units $ M 6298 Disposed Class A Common Stock (6298) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 1250 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $ Class A Common Stock (69046) 69046 Indirect

Footnotes

F1: Includes 368 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 $82.25 to $83.75, 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 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: 6.25% of the shares underlying the RSU vested on September 15, 2020, 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.

F6: 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.

F7: 6.25% of the shares underlying the RSU vested on June 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.

F8: 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.

F9: 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.

F10: 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.