Okta Inc

Rule 10b5-1 Trading Arrangements

On March 6, 2024, J. Frederic Kerrest, Vice Chairperson of our board of directors, adopted a Rule 10b5-1 trading arrangement (the “Kerrest 10b5-1 Plan”) that is intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Exchange Act (“Rule 10b5-1(c)”). The Kerrest 10b5-1 Plan provides for the sale of up to 252,349 shares of our Class A common stock, plus an indeterminable number of shares acquired upon the future vesting of RSUs, commencing on June 10, 2024 and continuing until all shares are sold or until December 31, 2024, whichever occurs first.

On April 11, 2024, Larissa Schwartz, Chief Legal Officer and Corporate Secretary of the Company, adopted a Rule 10b5-1 trading arrangement (the “Schwartz 10b5-1 Plan”) that is intended to satisfy the affirmative defense of Rule 10b5-1(c). The Schwartz 10b5-1 Plan provides for the sale of up to 6,902 shares of our Class A common stock, plus an indeterminable number of shares acquired upon the future vesting of RSUs, commencing on July 16, 2024 and continuing until all shares are sold or until November 5, 2024, whichever occurs first.

On April 15, 2024, Todd McKinnon, our Chief Executive Officer and Chairperson of our board of directors, adopted a Rule 10b5-1 trading arrangement (the "McKinnon 10b5-1 Plan") that is intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Exchange Act. The McKinnon 10b5-1 Plan provides for the sale of up to 1,162,054 shares of our Class A common stock, plus an indeterminable number of shares acquired upon the future vesting of RSUs, commencing on July 19, 2024 and continuing until all shares are sold or until March 31, 2025, whichever occurs first. The McKinnon 10b5-1 Plan was established to raise funds to cover the aggregate exercise price and taxes associated with the planned exercise by Mr. McKinnon of his remaining outstanding Class B stock options not covered by the McKinnon 10b5-1 Plan that expire between August 2025 and July 2026. Mr. McKinnon currently intends to hold the shares of our Class B common stock that he will receive upon the exercise of his remaining outstanding Class B stock options, net of the shares sold under the McKinnon 10b5-1 Plan.