0001209191-18-031961.txt : 20180521
0001209191-18-031961.hdr.sgml : 20180521
20180521170739
ACCESSION NUMBER: 0001209191-18-031961
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180517
FILED AS OF DATE: 20180521
DATE AS OF CHANGE: 20180521
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Runyan Jonathan T
CENTRAL INDEX KEY: 0001700628
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38044
FILM NUMBER: 18850424
MAIL ADDRESS:
STREET 1: C/O OKTA, INC.
STREET 2: 301 BRANNAN STREET 1ST FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
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: 301 BRANNAN STREET, 1ST FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
BUSINESS PHONE: 888-722-7871
MAIL ADDRESS:
STREET 1: 301 BRANNAN STREET, 1ST FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-05-17
0
0001660134
Okta, Inc.
OKTA
0001700628
Runyan Jonathan T
C/O OKTA, INC.
301 BRANNAN STREET
SAN FRANCISCO
CA
94107
0
1
0
0
General Counsel and Secretary
Class A Common Stock
2018-05-17
4
C
0
2500
0.00
A
2500
D
Class A Common Stock
2018-05-17
4
S
0
2500
49.3568
D
0
D
Class A Common Stock
45038
I
By Trust
Employee Stock Option (Right to Buy)
3.11
2018-05-17
4
M
0
2500
0.00
D
2025-01-21
Class B Common Stock
2500
92501
D
Class B Common Stock
2018-05-17
4
M
0
2500
0.00
A
Class A Common Stock
2500
2500
D
Class B Common Stock
2018-05-17
4
C
0
2500
0.00
D
Class A Common Stock
2500
0
D
Employee Stock Option (Right to Buy)
7.17
2025-08-27
Class B Common Stock
19792
19792
D
Employee Stock Option (Right to Buy)
8.62
2026-02-24
Class B Common Stock
52084
52084
D
Employee Stock Option (Right to Buy)
8.97
2026-07-29
Class B Common Stock
200000
200000
D
Employee Stock Option (Right to Buy)
39.21
2028-03-21
Class A Common Stock
52000
52000
D
Restricted Stock Units
Class A Common Stock
22500
22500
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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.81 to $49.80 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 January 20, 2016 and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
The shares subject to the option shall vest in 48 equal monthly installments beginning on August 1, 2015, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
The shares subject to the option shall vest in 48 equal monthly installments beginning on February 1, 2016, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
20% of the shares subject to the option vested on July 29, 2017, 20% of the shares subject to the option shall vest 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 continued 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 shall vest 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.
Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
25% of the shares underlying the RSU shall vest 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.
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
2018-05-21