0001209191-20-036343.txt : 20200612 0001209191-20-036343.hdr.sgml : 20200612 20200612170223 ACCESSION NUMBER: 0001209191-20-036343 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200610 FILED AS OF DATE: 20200612 DATE AS OF CHANGE: 20200612 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Race Charles CENTRAL INDEX KEY: 0001615160 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 20960950 MAIL ADDRESS: STREET 1: C/O INFORMATICA CORPORATION STREET 2: 2100 SEAPORT BOULEVARD CITY: REDWOOD CITY STATE: CA ZIP: 94063 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 2020-06-10 0 0001660134 Okta, Inc. OKTA 0001615160 Race Charles C/O OKTA, INC. 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 See Remarks Class A Common Stock 2020-06-10 4 C 0 50000 0.00 A 65401 D Class A Common Stock 2020-06-10 4 S 0 1000 176.081 D 64401 D Class A Common Stock 2020-06-10 4 S 0 3900 177.705 D 60501 D Class A Common Stock 2020-06-10 4 S 0 22691 178.4294 D 37810 D Class A Common Stock 2020-06-10 4 S 0 22209 179.4066 D 15601 D Class A Common Stock 2020-06-10 4 S 0 200 179.99 D 15401 D Employee Stock Option (Right to Buy) 8.97 2020-06-10 4 M 0 50000 0.00 D 2026-10-23 Class B Common Stock 50000 500000 D Class B Common Stock 2020-06-10 4 M 0 50000 0.00 A Class A Common Stock 50000 50000 D Class B Common Stock 2020-06-10 4 C 0 50000 0.00 D Class A Common Stock 50000 0 D Employee Stock Option (Right to Buy) 39.21 2028-03-21 Class A Common Stock 58500 58500 D Employee Stock Option (Right to Buy) 82.16 2029-03-24 Class A Common Stock 39024 39024 D Employee Stock Option (Right to Buy) 142.47 2030-04-14 Class A Common Stock 26790 26790 D Restricted Stock Units Class A Common Stock 12650 12650 D Restricted Stock Units Class A Common Stock 13469 13469 D Restricted Stock Units Class A Common Stock 12683 12683 D Restricted Stock Units Class A Common Stock 2199 2199 D 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 $175.76 to $176.73 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. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.98 to $177.97 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 $177.99 to $178.98 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 $178.99 to $179.94 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. 25% of the shares subject to the option vested on October 20, 2017 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 through each vesting date. The option is early 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. 25% of the shares subject to the option shall vest 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. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. 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. 25% of the shares underlying the RSU shall vest 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. 17% of the shares underlying the RSU shall vest on June 15, 2020, 33% of the shares underlying the RSU shall vest on September 15, 2020, 39% of the shares underlying the RSU shall vest on December 15, 2020, and the remaining 11% of the shares underlying the RSU shall vest on March 15, 2021, subject to the Reporting Person's continuous employment with the Issuer on each such date. President, Worldwide Field Operations /s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 2020-06-12