[Form 4] Okta, Inc. Insider Trading Activity
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
16 txns
Insider
McKinnon Todd
Role
Chief Executive Officer
Sold
31,592 shs ($3.01M)
Approx. gross sale proceeds
$3.01M
Approx. exercise cost
$635K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 5,438 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) | 47,000 | $0.00 | $0.00 |
| Exercise | Class B Common Stock | 47,000 | $0.00 | $0.00 |
| Gift | Class B Common Stock | 47,000 | $0.00 | $0.00 |
| Gift | Class B Common Stock | 47,000 | $0.00 | $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) — 288,733 contracts for 271,624 underlying shares (Direct);
Class B Common Stock — 0 contracts (Direct);
Class B Common Stock — 6,495,025 contracts for 128,247 underlying shares (Indirect, By Trust);
Class A Common Stock — 20,682 shares (Direct);
Restricted Stock Units — 148,074 contracts (Direct)
Footnotes (9)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 15, 2024.
- F2. 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.
- F3. 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.
- F4. The shares subject to the option are fully vested and exercisable by the Reporting Person.
- F5. 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.
- F6. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F7. 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.
- F8. 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.
- F9. 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.
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