[Form 4] Okta, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
Net Seller: 31,592 shares ($3,010,669)
Net Sell
16 txns
Insider
McKinnon Todd
Role
Chief Executive Officer
Sold
31,592 shs ($3.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 5,438 | $0.00 | -- |
| Exercise | Employee Stock Option (Right to Buy) | 47,000 | $0.00 | -- |
| Exercise | Class B Common Stock | 47,000 | $0.00 | -- |
| Gift | Class B Common Stock | 47,000 | $0.00 | -- |
| Gift | Class B Common Stock | 47,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,438 | $39.21 | $213K |
| Sale | Class A Common Stock | 11,482 | $94.9793 | $1.09M |
| Sale | Class A Common Stock | 20,110 | $95.4807 | $1.92M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Class B Common Stock — 47,000 shares (Direct);
Class B Common Stock — 6,366,778 shares (Indirect, By Trust);
Class A Common Stock — 52,274 shares (Direct);
Restricted Stock Units — 31,516 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 15, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.285 to $95.275 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.28 to $95.99 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. The shares subject to the option are fully vested and exercisable by the Reporting Person. 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. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. 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. 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. 8.33% of the shares underlying the RSU vested on June 15, 2025, 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.
