0001209191-21-041619.txt : 20210617 0001209191-21-041619.hdr.sgml : 20210617 20210617175956 ACCESSION NUMBER: 0001209191-21-041619 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210615 FILED AS OF DATE: 20210617 DATE AS OF CHANGE: 20210617 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KRAMER CHRISTOPHER K CENTRAL INDEX KEY: 0001788037 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 211026171 MAIL ADDRESS: STREET 1: C/O OKTA, INC. STREET 2: 100 FIRST STREET, SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 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 2021-06-15 0 0001660134 Okta, Inc. OKTA 0001788037 KRAMER CHRISTOPHER K C/O OKTA 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 Chief Accounting Officer Class A Common Stock 2021-06-15 4 C 0 3333 0.00 A 11806 D Class A Common Stock 2021-06-15 4 S 0 3333 227.03 D 8473 D Class A Common Stock 2021-06-15 4 M 0 768 0.00 A 9241 D Class A Common Stock 2021-06-16 4 S 0 386 223.3725 D 8855 D Class A Common Stock 2021-06-15 4 M 0 1122 0.00 A 9977 D Class A Common Stock 2021-06-16 4 S 0 564 223.3725 D 9413 D Class A Common Stock 2021-06-15 4 M 0 350 0.00 A 9763 D Class A Common Stock 2021-06-16 4 S 0 176 223.3725 D 9587 D Class A Common Stock 2021-06-15 4 M 0 88 0.00 A 9675 D Class A Common Stock 2021-06-16 4 S 0 45 223.3725 D 9630 D Class A Common Stock 2021-06-15 4 M 0 224 0.00 A 9854 D Class A Common Stock 2021-06-16 4 S 0 113 223.3725 D 9741 D Class A Common Stock 2021-06-15 4 M 0 138 0.00 A 9879 D Class A Common Stock 2021-06-16 4 S 0 70 223.3725 D 9809 D Employee Stock Option (Right to Buy) 9.74 2021-06-15 4 M 0 3333 0.00 D 2027-01-22 Class B Common Stock 3333 10001 D Class B Common Stock 2021-06-15 4 M 0 3333 0.00 A Class A Common Stock 3333 3333 D Class B Common Stock 2021-06-15 4 C 0 3333 0.00 D Class A Common Stock 3333 0 D Restricted Stock Units 2021-06-15 4 M 0 768 0.00 D Class A Common Stock 768 0 D Restricted Stock Units 2021-06-15 4 M 0 1122 0.00 D Class A Common Stock 1122 4487 D Restricted Stock Units 2021-06-15 4 M 0 350 0.00 D Class A Common Stock 350 2799 D Restricted Stock Units 2021-06-15 4 M 0 88 0.00 D Class A Common Stock 88 792 D Restricted Stock Units 2021-06-15 4 M 0 224 0.00 D Class A Common Stock 224 2470 D Restricted Stock Units 2021-06-15 4 M 0 138 0.00 D Class A Common Stock 138 1937 D Employee Stock Option (Right to Buy) 103.69 2029-09-18 Class A Common Stock 3187 3187 D Employee Stock Option (Right to Buy) 142.47 2030-04-14 Class A Common Stock 7590 7590 D Employee Stock Option (Right to Buy) 274.96 2031-04-21 Class A Common Stock 3184 3184 D Restricted Stock Units Class A Common Stock 1348 1348 D This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person. 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 $219.46 to $226.87, 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 (3) with regard to the block trade. The shares subject to the option are fully vested and exercisable by the Reporting Person. 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. Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock. 25% of the shares underlying the RSU vested on June 15, 2018, 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 June 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 June 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 vested on September 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 vested 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. 6.25% of the shares underlying the RSU vested on March 15, 2021, and the remaining shares underlying the RSU shall vest in 15 equal quarterly 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 October 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 vested 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 subject to the option shall vest on February 1, 2022, 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, 2022, 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. Larissa Schwartz, attorney-in-fact of the Reporting Person 2021-06-17