Filing Details

Accession Number:
0001209191-22-050552
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-09-19 17:10:48
Reporting Period:
2022-09-15
Accepted Time:
2022-09-19 17:10:48
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.
100 First St, Suite 600
San Francisco CA 94105
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 2022-09-15 935 $0.00 935 No 4 M Direct
Class A Common Stock Disposition 2022-09-16 489 $59.39 446 No 4 S Direct
Class A Common Stock Acquisiton 2022-09-15 925 $0.00 1,371 No 4 M Direct
Class A Common Stock Disposition 2022-09-16 484 $59.39 887 No 4 S Direct
Class A Common Stock Acquisiton 2022-09-15 337 $0.00 1,224 No 4 M Direct
Class A Common Stock Disposition 2022-09-16 176 $59.39 1,048 No 4 S Direct
Class A Common Stock Acquisiton 2022-09-15 3,817 $0.00 4,865 No 4 M Direct
Class A Common Stock Disposition 2022-09-16 1,994 $59.39 2,871 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2022-09-15 935 $0.00 935 $0.00
Class A Common Stock Restricted Stock Units Disposition 2022-09-15 925 $0.00 925 $0.00
Class A Common Stock Restricted Stock Units Disposition 2022-09-15 337 $0.00 337 $0.00
Class A Common Stock Restricted Stock Units Disposition 2022-09-15 3,817 $0.00 3,817 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,871 No 4 M Direct
5,549 No 4 M Direct
3,370 No 4 M Direct
53,436 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 66,060 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) $8.97 2026-07-29 134,900 134,900 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 Employee Stock Option (Right to Buy) $82.16 2029-03-24 32,520 32,520 Direct
Class A Common Stock Employee Stock Option (Right to Buy) $142.47 2030-04-14 31,255 31,255 Direct
Class A Common Stock Employee Stock Option (Right to Buy) $274.96 2031-04-21 12,734 12,734 Direct
Class A Common Stock Employee Stock Option (Right to Buy) $274.96 2031-04-21 101,867 101,867 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-07-29 134,900 134,900 Direct
2028-03-21 52,000 52,000 Direct
2029-03-24 32,520 32,520 Direct
2030-04-14 31,255 31,255 Direct
2031-04-21 12,734 12,734 Direct
2031-04-21 101,867 101,867 Direct
Footnotes
  1. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
  2. The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $58.55 to $60.73, inclusive. The Reporting Personundertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the rangeset forth in this footnote (2) with regard to the block trade.
  3. Includes 3,080 shares of Class A Common Stock transferred to the Reporting Person's trust.
  4. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
  5. 25% of the shares underlying the RSU vested on March 15, 2020, 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.
  6. 25% of the shares underlying the RSU vested on March 15, 2021, 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.
  7. 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 employment with the Issuer on each such date.
  8. 6.25% of the shares underlying the RSU vested on June 15, 2022, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
  9. The shares subject to the option are fully vested and exercisable by the Reporting Person.
  10. 25% of the shares subject to the option vested on February 1, 2020 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.
  11. 25% of the shares subject to the option vested on February 1, 2021 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.
  12. 25% of the shares subject to the option vested on February 1, 2022 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.