0001209191-20-037343.txt : 20200617
0001209191-20-037343.hdr.sgml : 20200617
20200617171533
ACCESSION NUMBER: 0001209191-20-037343
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200615
FILED AS OF DATE: 20200617
DATE AS OF CHANGE: 20200617
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: 20970508
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
2020-06-15
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
2020-06-15
4
M
0
1581
0.00
A
16982
D
Class A Common Stock
2020-06-16
4
S
0
794
185.6219
D
16188
D
Class A Common Stock
2020-06-15
4
M
0
1122
0.00
D
17310
D
Class A Common Stock
2020-06-16
4
S
0
564
185.6219
D
16746
D
Class A Common Stock
2020-06-15
4
M
0
374
0.00
D
17120
D
Class A Common Stock
2020-06-16
4
S
0
188
185.6219
D
16932
D
Restricted Stock Units
2020-06-15
4
M
0
1581
0.00
D
Class A Common Stock
1581
11069
D
Restricted Stock Units
2020-06-15
4
M
0
1122
0.00
D
Class A Common Stock
1122
12347
D
Restricted Stock Units
2020-06-15
4
M
0
374
0.00
D
Class A Common Stock
374
1825
D
Employee Stock Option (Right to Buy)
8.97
2026-10-23
Class B Common Stock
500000
500000
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
12683
12683
D
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 $182.15 to $189.41, 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 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.
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.
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.
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.
President, Worldwide Field Operations
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
2020-06-17