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Okta, Inc. — Director's Dealing 2024
Sep 25, 2024
30365_dirs_2024-09-24_03a1c653-6bd3-4482-9b6f-033c32699b05.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: 2024-09-20
Reporting Person: McKinnon Todd (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-20 | Class A Common Stock | C | 200512 | — | Acquired | 209007 | Direct |
| 2024-09-20 | Class A Common Stock | S | 118614 | $74.9681 | Disposed | 90393 | Direct |
| 2024-09-20 | Class A Common Stock | S | 81898 | $75.5579 | Disposed | 8495 | Direct |
| 2024-09-23 | Class A Common Stock | C | 24021 | — | Acquired | 32516 | Direct |
| 2024-09-23 | Class A Common Stock | S | 32516 | $76.222 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-20 | Employee Stock Option (Right to Buy) | $8.97 | M | 200512 | Disposed | 2026-07-29 | Class B Common Stock (200512) | Direct |
| 2024-09-20 | Class B Common Stock | $ | M | 200512 | Acquired | Class A Common Stock (200512) | Direct | |
| 2024-09-20 | Class B Common Stock | $ | C | 200512 | Disposed | Class A Common Stock (200512) | Direct | |
| 2024-09-23 | Employee Stock Option (Right to Buy) | $7.17 | M | 79582 | Disposed | 2025-08-27 | Class B Common Stock (79582) | Direct |
| 2024-09-23 | Class B Common Stock | $ | M | 79582 | Acquired | Class A Common Stock (79582) | Direct | |
| 2024-09-23 | Employee Stock Option (Right to Buy) | $8.97 | M | 99021 | Disposed | 2026-07-29 | Class B Common Stock (99021) | Direct |
| 2024-09-23 | Class B Common Stock | $ | M | 99021 | Acquired | Class A Common Stock (99021) | Direct | |
| 2024-09-23 | Class B Common Stock | $ | C | 24021 | Disposed | Class A Common Stock (24021) | Direct | |
| 2024-09-23 | Class B Common Stock | $ | G | 154582 | Disposed | Class A Common Stock (154582) | Direct | |
| 2024-09-23 | Class B Common Stock | $ | G | 154582 | Acquired | Class A Common Stock (154582) | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (128247) | 128247 | Indirect | |
| 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 |
| Restricted Stock Units | $ | Class A Common Stock (3370) | 3370 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (63031) | 63031 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (50353) | 50353 | Direct |
Footnotes
F1: 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.
F2: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 15, 2024.
F3: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.35 to $75.345 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the U.S. Securities and Exchange Commission (the "SEC") , upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.35 to $75.77 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.66 to $76.57 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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, 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.
F8: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
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: 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.
F11: 8.33% of the shares underlying the RSU vested on June 15, 2024, 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.