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Okta, Inc. Director's Dealing 2023

Jun 20, 2023

30365_dirs_2023-06-20_d889b5a4-67d8-4ca5-8880-526d646a2f45.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: 2023-06-15

Reporting Person: Tighe Brett (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-06-15 Class A Common Stock M 467 $0.00 Acquired 48668 Direct
2023-06-16 Class A Common Stock S 152 $75.5996 Disposed 48516 Direct
2023-06-15 Class A Common Stock M 302 $0.00 Acquired 48818 Direct
2023-06-16 Class A Common Stock S 96 $75.5996 Disposed 48722 Direct
2023-06-15 Class A Common Stock M 415 $0.00 Acquired 49137 Direct
2023-06-16 Class A Common Stock S 129 $75.5996 Disposed 49008 Direct
2023-06-15 Class A Common Stock M 202 $0.00 Acquired 49210 Direct
2023-06-16 Class A Common Stock S 62 $75.5996 Disposed 49148 Direct
2023-06-15 Class A Common Stock M 4580 $0.00 Acquired 53728 Direct
2023-06-16 Class A Common Stock S 1431 $75.5996 Disposed 52297 Direct
2023-06-15 Class A Common Stock M 6297 $0.00 Acquired 58594 Direct
2023-06-16 Class A Common Stock S 2510 $75.5996 Disposed 56084 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-06-15 Restricted Stock Units $ M 467 Disposed Class A Common Stock (467) Direct
2023-06-15 Restricted Stock Units $ M 302 Disposed Class A Common Stock (302) Direct
2023-06-15 Restricted Stock Units $ M 415 Disposed Class A Common Stock (415) Direct
2023-06-15 Restricted Stock Units $ M 202 Disposed Class A Common Stock (202) Direct
2023-06-15 Restricted Stock Units $ M 4580 Disposed Class A Common Stock (4580) Direct
2023-06-15 Restricted Stock Units $ M 6297 Disposed Class A Common Stock (6297) 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: 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 $74.75 to $76.97, 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.

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, 2023.

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.