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Okta, Inc. Director's Dealing 2024

Mar 13, 2024

30365_dirs_2024-03-13_1840d3d2-3ca9-44c0-8366-4f9788aa54ff.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: 2024-03-11

Reporting Person: Tighe Brett (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-11 Class A Common Stock A 5049 Acquired 75432 Direct
2024-03-11 Class A Common Stock A 12407 Acquired 87839 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 1250 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class A Common Stock (604) 604 Direct
Restricted Stock Units $ Class A Common Stock (1660) 1660 Direct
Restricted Stock Units $ Class A Common Stock (1011) 1011 Direct
Restricted Stock Units $ Class A Common Stock (41222) 41222 Direct
Restricted Stock Units $ Class A Common Stock (56679) 56679 Direct
Class B Common Stock $ Class A Common Stock (69046) 69046 Indirect

Footnotes

F1: On March 22, 2022, the Reporting Person was granted Performance Stock Units ("PSUs"), the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On March 11, 2024, the Compensation Committee of the Board of Directors determined that 5,049 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2024.

F2: Includes 5,049 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.

F3: On March 21, 2023, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On March 11, 2024, the Compensation Committee of the Board of Directors determined that 12,407 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2024.

F4: Includes 17,456 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.

F5: Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.

F6: 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.

F7: 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.

F8: 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.

F9: 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.

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: 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.