Kerrest Jacques Frederic 4
4 · Okta, Inc. · Filed Jun 24, 2025
Insider Transaction Report
Form 4
Okta, Inc.OKTA
Kerrest Jacques Frederic
Director
Transactions
- Sale
Class A Common Stock
2025-06-20$100.51/sh−418$42,013→ 0 total - Sale
Class A Common Stock
2025-06-20$99.73/sh−163$16,257→ 418 total - Exercise/Conversion
Restricted Stock Units
2025-06-20−2,832→ 0 total→ Class A Common Stock (2,832 underlying) - Award
Restricted Stock Units
2025-06-24+2,487→ 2,487 total→ Class A Common Stock (2,487 underlying) - Exercise/Conversion
Class A Common Stock
2025-06-20+2,832→ 2,832 total
Holdings
- 41,673
Employee Stock Option (Right to Buy)
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (41,673 underlying) - 26,527
Employee Stock Option (Right to Buy)
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (26,527 underlying) - 71,547
Employee Stock Option (Right to Buy)
Exercise: $82.16Exp: 2029-03-24→ Class A Common Stock (71,547 underlying) - 2,528
Restricted Stock Units
→ Class A Common Stock (2,528 underlying) - 999,987(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (999,987 underlying) - 88,776(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (88,776 underlying) - 157,668(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (157,668 underlying) - 114,000
Employee Stock Option (Right to Buy)
Exercise: $39.21Exp: 2028-03-21→ Class A Common Stock (114,000 underlying) - 13,263
Employee Stock Option (Right to Buy)
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (13,263 underlying)
Footnotes (9)
- [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 $99.09 to $100.06 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 $100.09 to $101.025 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the 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]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- [F5]The RSUs vested in full on June 20, 2025.
- [F6]The RSUs vest in full on the earlier of June 24, 2026 or the date immediately prior to the Issuer's next regular annual stockholder meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.
- [F7]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.
- [F8]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.
- [F9]The shares subject to the option are fully vested and exercisable by the Reporting Person.