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Okta, Inc. — Director's Dealing 2025
Feb 18, 2025
30365_dirs_2025-02-18_93a0c6ce-4b79-4ea8-882b-8cdaf2c136d3.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: 2025-02-13
Reporting Person: Kerrest Jacques Frederic (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-13 | Class A Common Stock | C | 65000 | — | Acquired | 65000 | Direct |
| 2025-02-13 | Class A Common Stock | S | 65000 | $100.50 | Disposed | 0 | Direct |
| 2025-02-13 | Class A Common Stock | C | 6666 | — | Acquired | 6666 | Indirect |
| 2025-02-13 | Class A Common Stock | S | 6666 | $100.50 | Disposed | 0 | Indirect |
| 2025-02-13 | Class A Common Stock | C | 3333 | — | Acquired | 3333 | Indirect |
| 2025-02-13 | Class A Common Stock | S | 3333 | $100.50 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-13 | Employee Stock Option (Right to Buy) | $8.97 | M | 65000 | Disposed | 2026-07-29 | Class B Common Stock (65000) | Direct |
| 2025-02-13 | Class B Common Stock | $ | M | 65000 | Acquired | Class A Common Stock (65000) | Direct | |
| 2025-02-13 | Class B Common Stock | $ | C | 65000 | Disposed | Class A Common Stock (65000) | Direct | |
| 2025-02-13 | Class B Common Stock | $ | C | 6666 | Disposed | Class A Common Stock (6666) | Indirect | |
| 2025-02-13 | Class B Common Stock | $ | C | 3333 | Disposed | Class A Common Stock (3333) | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (1139387) | 1139387 | Indirect | |
| 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 |
| Restricted Stock Units | $ | Class A Common Stock (1850) | 1850 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (4213) | 4213 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (2832) | 2832 | 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 September 19, 2024.
F3: The shares subject to the option are fully vested and exercisable by the Reporting Person.
F4: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F5: 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 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.
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.