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Okta, Inc. — Director's Dealing 2023
Mar 23, 2023
30365_dirs_2023-03-23_d97019d3-097e-443f-97ef-2e94b87db055.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: 2023-03-21
Reporting Person: McKinnon Todd (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-21 | Restricted Stock Units | $ | A | 126062 | Acquired | Class A Common Stock (126062) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 26395 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Class A Common Stock (10570) | 10570 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (13478) | 13478 | Direct | |
| Class B Common Stock | $ | Class A Common Stock (5530696) | 5530696 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (128247) | 128247 | Indirect | |
| Employee Stock Option (Right to Buy) | $7.17 | 2025-08-27 | Class B Common Stock (181053) | 181053 | Direct |
| Employee Stock Option (Right to Buy) | $8.97 | 2026-07-29 | Class B Common Stock (1794803) | 1794803 | Direct |
| Employee Stock Option (Right to Buy) | $39.21 | 2028-03-21 | Class A Common Stock (5438) | 5438 | Direct |
| Employee Stock Option (Right to Buy) | $82.16 | 2029-03-24 | Class A Common Stock (32251) | 32251 | Direct |
| Employee Stock Option (Right to Buy) | $142.47 | 2030-04-14 | Class A Common Stock (48372) | 48372 | Direct |
| Employee Stock Option (Right to Buy) | $274.96 | 2031-04-21 | Class A Common Stock (63667) | 63667 | Direct |
| Employee Stock Option (Right to Buy) | $274.96 | 2031-04-21 | Class A Common Stock (127334) | 127334 | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F2: 8.33% of the shares underlying the RSU shall vest 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.
F3: 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.
F4: 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.
F5: 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.
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 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.
F8: 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.