0001209191-20-020044.txt : 20200318 0001209191-20-020044.hdr.sgml : 20200318 20200318170948 ACCESSION NUMBER: 0001209191-20-020044 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200315 FILED AS OF DATE: 20200318 DATE AS OF CHANGE: 20200318 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Losch William E CENTRAL INDEX KEY: 0001306938 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 20725438 MAIL ADDRESS: STREET 1: DREAMWORKS ANIMATION SKG, INC. STREET 2: 1000 FLOWER STREET CITY: GLENDALE STATE: CA ZIP: 91201 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Okta, Inc. CENTRAL INDEX KEY: 0001660134 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 264175727 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 100 FIRST STREET STREET 2: SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 888-722-7871 MAIL ADDRESS: STREET 1: 100 FIRST STREET STREET 2: SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-03-15 0 0001660134 Okta, Inc. OKTA 0001306938 Losch William E C/O OKTA, INC. 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 Chief Financial Officer Class A Common Stock 2020-03-15 4 M 0 1691 0.00 A 14253 D Class A Common Stock 2020-03-16 4 S 0 921 97.6704 D 13332 D Class A Common Stock 2020-03-15 4 M 0 2207 0.00 D 15539 D Class A Common Stock 2020-03-16 4 S 0 1201 97.6704 D 14338 D Class A Common Stock 2020-03-15 4 M 0 5239 0.00 A 19577 D Class A Common Stock 2020-03-16 4 S 0 2851 97.6704 D 16726 D Class A Common Stock 2020-03-16 4 C 0 30000 0.00 A 46726 D Class A Common Stock 2020-03-16 4 S 0 600 88.8167 D 46126 D Class A Common Stock 2020-03-16 4 S 0 700 90.5657 D 45426 D Class A Common Stock 2020-03-16 4 S 0 1000 93.296 D 44426 D Class A Common Stock 2020-03-16 4 S 0 1100 94.2864 D 43326 D Class A Common Stock 2020-03-16 4 S 0 2537 95.9689 D 40789 D Class A Common Stock 2020-03-16 4 S 0 4205 96.798 D 36584 D Class A Common Stock 2020-03-16 4 S 0 2101 97.8061 D 34483 D Class A Common Stock 2020-03-16 4 S 0 1713 98.9719 D 32770 D Class A Common Stock 2020-03-16 4 S 0 6744 100.0016 D 26026 D Class A Common Stock 2020-03-16 4 S 0 7300 100.7167 D 18726 D Class A Common Stock 2020-03-16 4 S 0 1600 101.8775 D 17126 D Class A Common Stock 2020-03-16 4 S 0 400 102.67 D 16726 D Restricted Stock Units 2020-03-15 4 A 0 1691 0.00 A Class A Common Stock 1691 1691 D Restricted Stock Units 2020-03-15 4 M 0 1691 0.00 D Class A Common Stock 1691 0 D Restricted Stock Units 2020-03-15 4 M 0 2207 0.00 D Class A Common Stock 2207 17650 D Restricted Stock Units 2020-03-15 4 M 0 5239 0.00 D Class A Common Stock 5239 15714 D Employee Stock Option (Right to Buy) 8.97 2020-03-16 4 M 0 30000 0.00 D 2026-07-29 Class B Common Stock 30000 174736 D Class B Common Stock 2020-03-16 4 M 0 30000 0.00 A Class A Common Stock 30000 30000 D Class B Common Stock 2020-03-16 4 C 0 30000 0.00 D Class A Common Stock 30000 0 D Employee Stock Option (Right to Buy) 1.40 2023-08-29 Class B Common Stock 27820 27820 D Employee Stock Option (Right to Buy) 39.21 2028-03-21 Class A Common Stock 81500 81500 D Employee Stock Option (Right to Buy) 82.16 2029-03-24 Class A Common Stock 45530 45530 D Class B Common Stock Class A Common Stock 489886 489886 I By Trust 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. 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 $88.67 to $103.14, 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 set forth in this footnote (2) with regard to the block trade. 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 $88.67 to $89.10 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 $90.27 to $90.72 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 $92.68 to $93.64 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.76 to $94.66 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 $95.24 to $96.18 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 $96.32 to $97.26 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 $97.42 to $98.40 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 $98.45 to $99.43 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 $99.45 to $100.38 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 $100.46 to $100.97 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 $101.52 to $102.29 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 $102.61 to $102.73 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. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. 100% of the shares underlying the RSU vested on March 15, 2020. 25% of the shares underlying the RSU vested 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. 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. 20% of the shares subject to the option vested on July 29, 2017, 20% of the shares subject to the option vested 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 continuous employment with the Issuer on each such date. The option is early exercisable by the Reporting Person. The shares subject to the option are fully vested and exercisable by the Reporting Person. 25% of the shares subject to the option vested 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. 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. /s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 2020-03-18