Filing Details
- Accession Number:
- 0001209191-21-022863
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-24 16:59:22
- Reporting Period:
- 2021-03-22
- Accepted Time:
- 2021-03-24 16:59:22
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1660134 | Okta Inc. | OKTA | Telephone & Telegraph Apparatus (3661) | DE |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1079576 | R Michael Kourey | C/O Okta, Inc. 100 First St, Suite 600 San Francisco CA 94105 | Chief Financial Officer | 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 | 2021-03-22 | 20,000 | $0.00 | 20,000 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-03-22 | 1,284 | $217.62 | 18,716 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-03-22 | 2,513 | $218.70 | 16,203 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-03-22 | 1,299 | $219.93 | 14,904 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-03-22 | 900 | $220.80 | 14,004 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-03-22 | 3,729 | $222.32 | 10,275 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-03-22 | 7,273 | $223.02 | 3,002 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-03-22 | 2,902 | $224.08 | 100 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-03-22 | 100 | $224.73 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | 2021-03-22 | 20,000 | $0.00 | 20,000 | $8.62 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-03-22 | 20,000 | $0.00 | 20,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-03-22 | 20,000 | $0.00 | 20,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 60,000 | 2025-12-16 | No | 4 | M | Direct | |
| 20,000 | 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 | 16,790 | Indirect | By Trust |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | $0.00 | 1,064 | 1,064 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 1,064 | 1,064 | Direct |
Footnotes
- 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.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.12 to $218.08 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.
- The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $218.23 to $219.20 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.
- The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.39 to $220.36 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.
- The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.40 to $221.38 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.
- The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.68 to $222.67 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.
- The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.68 to $223.65 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.
- The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.72 to $224.64 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.
- The shares subject to the option are fully vested and exercisable by the Reporting Person.
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- The RSUs vest in full on the earlier of June 16, 2021 or the date immediately prior to the Issuer's next regular annual shareholders meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.
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