Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Okta, Inc. Director's Dealing 2025

Feb 13, 2025

30365_dirs_2025-02-13_79d2e22f-9a19-4deb-8dc7-d074632a5e6c.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Okta, Inc. (OKTA)
CIK: 0001660134
Period of Report: 2025-02-11

Reporting Person: Tighe Brett (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-11 Class A Common Stock A 12540 Acquired 110073 Direct
2025-02-11 Class A Common Stock A 12407 Acquired 122480 Direct
2025-02-11 Class A Common Stock A 15493 Acquired 137973 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 (203) 203 Direct
Restricted Stock Units $ Class A Common Stock (22901) 22901 Direct
Restricted Stock Units $ Class A Common Stock (31488) 31488 Direct
Restricted Stock Units $ Class A Common Stock (34860) 34860 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 February 11, 2025, the Compensation Committee of the Board of Directors determined that 12,540 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, 2025.

F2: Includes 12,540 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 February 11, 2025, 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, 2025.

F4: Includes 24,947 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.

F5: On March 29, 2024, 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 February 11, 2025, the Compensation Committee of the Board of Directors determined that 15,493 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, 2025.

F6: Includes 40,440 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.

F7: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.

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: 8.33% of the shares underlying the RSU shall vest 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.

F12: 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.