The takeaway

Here’s your true opportunity to share in the value you’re building—aligned directly with our shareholders’ interest in Okta’s long-term success. Most employees are eligible for annual equity grants. This is a form of non-cash compensation that gives you a piece of company ownership.

Eligibility for equity grants

Employees are eligible to receive equity grants as a new hire, then annually.

You must not have engaged in conduct inconsistent with ethical or other performance standards prior to a grant.

Okta’s equity grants are made in the form of Restricted Stock Units (RSUs)

RSUs are a form of equity compensation issued by Okta.

Okta grants RSUs at no cost to you.

For each grant, Okta converts the value into a number of RSUs based on the monthly average closing price of one share of Okta in the month prior to the grant.