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