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Okta, Inc. Director's Dealing 2025

Mar 24, 2025

30365_dirs_2025-03-24_98f0756f-5814-4ffa-a212-a06d4c4ee144.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: 2025-03-20

Reporting Person: Kerrest Jacques Frederic (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-20 Class A Common Stock S 518 $112.3539 Disposed 1219 Direct
2025-03-20 Class A Common Stock S 701 $113.2587 Disposed 518 Direct
2025-03-20 Class A Common Stock S 518 $114.2609 Disposed 0 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class A Common Stock (3370) 3370 Direct
Restricted Stock Units $ Class A Common Stock (2832) 2832 Direct
Employee Stock Option (Right to Buy) $39.21 2028-03-21 Class A Common Stock (114000) 114000 Direct
Employee Stock Option (Right to Buy) $82.16 2029-03-24 Class A Common Stock (71547) 71547 Direct
Employee Stock Option (Right to Buy) $142.47 2030-04-14 Class A Common Stock (41673) 41673 Direct
Employee Stock Option (Right to Buy) $274.96 2031-04-21 Class A Common Stock (13263) 13263 Direct
Employee Stock Option (Right to Buy) $274.96 2031-04-21 Class A Common Stock (26527) 26527 Direct
Class B Common Stock $ Class A Common Stock (157668) 157668 Indirect
Class B Common Stock $ Class A Common Stock (79376) 79376 Indirect
Class B Common Stock $ Class A Common Stock (1139387) 1139387 Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 19, 2024.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.76 to $112.68 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.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.76 to $113.72 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.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.77 to $114.49 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: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.

F6: 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 service with the Issuer on each such date, and subject to tolling from November 1, 2022 through October 31, 2023 per a Sabbatical Agreement between the Reporting Person and the Issuer.

F7: The RSUs vest in full on the earlier of June 20, 2025 or the date immediately prior to the Issuer's next regular annual stockholders meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.

F8: The shares subject to the option are fully vested and exercisable by the Reporting Person.

F9: 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.