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