0001209191-20-038747.txt : 20200624 0001209191-20-038747.hdr.sgml : 20200624 20200624170231 ACCESSION NUMBER: 0001209191-20-038747 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200622 FILED AS OF DATE: 20200624 DATE AS OF CHANGE: 20200624 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McKinnon Todd CENTRAL INDEX KEY: 0001700626 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 20986298 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: 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 2020-06-22 0 0001660134 Okta, Inc. OKTA 0001700626 McKinnon Todd C/O OKTA, INC. 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 1 1 0 0 Chief Executive Officer Class A Common Stock 2020-06-22 4 C 0 73673 0.00 A 90323 D Class A Common Stock 2020-06-22 4 M 0 32625 0.00 A 122948 D Class A Common Stock 2020-06-22 4 M 0 36857 0.00 A 159805 D Class A Common Stock 2020-06-22 4 S 0 17493 196.8169 D 142312 D Class A Common Stock 2020-06-22 4 S 0 33473 197.7345 D 108839 D Class A Common Stock 2020-06-22 4 S 0 40057 198.681 D 68782 D Class A Common Stock 2020-06-22 4 S 0 44953 199.7064 D 23829 D Class A Common Stock 2020-06-22 4 S 0 20645 200.651 D 3184 D Class A Common Stock 2020-06-22 4 S 0 3020 201.3272 D 164 D Employee Stock Option (Right to Buy) 1.40 2020-06-22 4 M 0 73673 0.00 D 2023-08-29 Class B Common Stock 73673 38827 D Class B Common Stock 2020-06-22 4 M 0 73673 0.00 A Class A Common Stock 73673 73673 D Class B Common Stock 2020-06-22 4 C 0 73673 0.00 D Class A Common Stock 73673 0 D Employee Stock Option (Right to Buy) 39.21 2020-06-22 4 M 0 32625 0.00 D 2028-03-21 Class A Common Stock 32625 54375 D Employee Stock Option (Right to Buy) 82.16 2020-06-22 4 M 0 36857 0.00 D 2029-03-24 Class A Common Stock 36857 73716 D Class B Common Stock Class A Common Stock 128247 128247 I By Trust Class B Common Stock Class A Common Stock 5182781 5182781 I By Trust Employee Stock Option (Right to Buy) 7.17 2025-08-27 Class B Common Stock 486053 486053 D Employee Stock Option (Right to Buy) 8.97 2026-07-29 Class B Common Stock 1798891 1798891 D Employee Stock Option (Right to Buy) 142.47 2030-04-14 Class A Common Stock 89301 89301 D Restricted Stock Units Class A Common Stock 24719 24719 D Restricted Stock Units Class A Common Stock 34984 34984 D Restricted Stock Units Class A Common Stock 42279 42279 D Restricted Stock Units Class A Common Stock 1611 1611 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 $196.20 to $197.19 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.20 to $198.195 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.20 to $199.19 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.20 to $200.19 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.20 to $201.18 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.20 to $201.57 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 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. 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. 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 vested 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. /s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 2020-06-24