Filing Details

Accession Number:
0001209191-23-059215
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-19 17:13:10
Reporting Period:
2023-12-15
Accepted Time:
2023-12-19 17:13:10
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
1865084 Brett Tighe 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 2023-12-15 302 $0.00 63,704 No 4 M Direct
Class A Common Stock Disposition 2023-12-18 139 $83.33 63,565 No 4 S Direct
Class A Common Stock Acquisiton 2023-12-15 415 $0.00 63,980 No 4 M Direct
Class A Common Stock Disposition 2023-12-18 187 $83.33 63,793 No 4 S Direct
Class A Common Stock Acquisiton 2023-12-15 203 $0.00 63,996 No 4 M Direct
Class A Common Stock Disposition 2023-12-18 91 $83.33 63,905 No 4 S Direct
Class A Common Stock Acquisiton 2023-12-15 4,580 $0.00 68,485 No 4 M Direct
Class A Common Stock Disposition 2023-12-18 1,889 $83.33 66,596 No 4 S Direct
Class A Common Stock Acquisiton 2023-12-15 6,297 $0.00 72,893 No 4 M Direct
Class A Common Stock Disposition 2023-12-18 2,510 $83.33 70,383 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
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 2023-12-15 302 $0.00 302 $0.00
Class A Common Stock Restricted Stock Units Disposition 2023-12-15 415 $0.00 415 $0.00
Class A Common Stock Restricted Stock Units Disposition 2023-12-15 203 $0.00 203 $0.00
Class A Common Stock Restricted Stock Units Disposition 2023-12-15 4,580 $0.00 4,580 $0.00
Class A Common Stock Restricted Stock Units Disposition 2023-12-15 6,297 $0.00 6,297 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
604 No 4 M Direct
1,660 No 4 M Direct
1,011 No 4 M Direct
41,222 No 4 M Direct
56,679 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 1,250 Indirect By Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 69,046 69,046 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
69,046 69,046 Indirect
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 tocover" 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 transactionsat prices ranging from $82.55 to $84.12, inclusive. The Reporting Person undertakes 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 range setforth in this footnote with regard to the block trade.
  3. Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
  4. 6.25% of the shares underlying the RSU vested on September 15, 2020, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installmentsthereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
  5. 6.25% of the shares underlying the RSU vested on March 15, 2021, 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.
  6. 6.25% of the shares underlying the RSU vested on June 15, 2021, 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.
  7. 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.
  8. 8.33% of the shares underlying the RSU vested on June 15, 2023, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
  9. 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.