Filing Details

Accession Number:
0001209191-18-043496
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-07-20 17:02:26
Reporting Period:
2018-07-19
Accepted Time:
2018-07-20 17:02:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1660134 Okta Inc. OKTA Services-Prepackaged Software (7372) 264175727
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1700628 T Jonathan Runyan C/O Okta, Inc.
301 Brannan Street
San Francisco CA 94107
General Counsel And Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2018-07-19 2,500 $0.00 2,500 No 4 C Direct
Class A Common Stock Disposition 2018-07-19 2,500 $56.06 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Employee Stock Option (Right to Buy) Disposition 2018-07-19 2,500 $0.00 2,500 $3.11
Class A Common Stock Class B Common Stock Acquisiton 2018-07-19 2,500 $0.00 2,500 $0.00
Class A Common Stock Class B Common Stock Disposition 2018-07-19 2,500 $0.00 2,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
85,001 2025-01-21 No 4 M Direct
2,500 No 4 M Direct
0 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 46,288 Indirect By Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class B Common Stock Employee Stock Option (Right to Buy) $7.17 2025-08-27 19,792 19,792 Direct
Class B Common Stock Employee Stock Option (Right to Buy) $8.62 2026-02-24 52,084 52,084 Direct
Class B Common Stock Employee Stock Option (Right to Buy) $8.97 2026-07-29 200,000 200,000 Direct
Class A Common Stock Employee Stock Option (Right to Buy) $39.21 2028-03-21 52,000 52,000 Direct
Class A Common Stock Restricted Stock Units $0.00 22,500 22,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-08-27 19,792 19,792 Direct
2026-02-24 52,084 52,084 Direct
2026-07-29 200,000 200,000 Direct
2028-03-21 52,000 52,000 Direct
22,500 22,500 Direct
Footnotes
  1. 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.
  2. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.83 to $56.53 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. 25% of the shares subject to the option vested on January 20, 2016 and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
  5. The shares subject to the option shall vest in 48 equal monthly installments beginning on August 1, 2015, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
  6. The shares subject to the option shall vest in 48 equal monthly installments beginning on February 1, 2016, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
  7. 20% of the shares subject to the option vested on July 29, 2017, 20% of the shares subject to the option shall vest on July 29, 2018 and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
  8. 25% of the shares subject to the option shall vest on February 1, 2019 and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
  9. Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
  10. 25% of the shares underlying the RSU shall vest on March 15, 2019, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.