0001209191-21-041627.txt : 20210617 0001209191-21-041627.hdr.sgml : 20210617 20210617180625 ACCESSION NUMBER: 0001209191-21-041627 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: Tighe Brett CENTRAL INDEX KEY: 0001865084 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 211026205 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 0001865084 Tighe Brett C/O OKTA, INC. 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 See Remarks Class A Common Stock 2021-06-15 4 M 0 768 0.00 A 18687 D Class A Common Stock 2021-06-16 4 S 0 269 223.3725 D 18418 D Class A Common Stock 2021-06-15 4 M 0 760 0.00 A 19178 D Class A Common Stock 2021-06-16 4 S 0 321 223.3725 D 18857 D Class A Common Stock 2021-06-15 4 M 0 467 0.00 A 19324 D Class A Common Stock 2021-06-16 4 S 0 235 223.3725 D 19089 D Class A Common Stock 2021-06-15 4 M 0 301 0.00 A 19390 D Class A Common Stock 2021-06-16 4 S 0 152 223.3725 D 19238 D Class A Common Stock 2021-06-15 4 M 0 415 0.00 A 19653 D Class A Common Stock 2021-06-16 4 S 0 209 223.3725 D 19444 D Class A Common Stock 2021-06-15 4 M 0 202 0.00 A 19646 D Class A Common Stock 2021-06-16 4 S 0 102 223.3725 D 19544 D Class A Common Stock 1250 I By Trust 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 0 760 0.00 D Class A Common Stock 760 3041 D Restricted Stock Units 2021-06-15 4 M 0 467 0.00 D Class A Common Stock 467 3732 D Restricted Stock Units 2021-06-15 4 M 0 301 0.00 D Class A Common Stock 301 3621 D Restricted Stock Units 2021-06-15 4 M 0 415 0.00 D Class A Common Stock 415 5810 D Restricted Stock Units 2021-06-15 4 M 0 202 0.00 D Class A Common Stock 202 3033 D Employee Stock Option (Right to Buy) 3.92 2025-04-20 Class B Common Stock 25500 25500 D Employee Stock Option (Right to Buy) 8.73 2026-06-01 Class B Common Stock 23546 23546 D Employee Stock Option (Right to Buy) 9.74 2027-01-22 Class B Common Stock 20000 20000 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 $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 (2) with regard to the block trade. 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. 6.25% of the shares underlying the RSU vested on September 15, 2020, 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. 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. 6.25% of the shares underlying the RSU vested on June 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. The shares subject to the option are fully vested and exercisable by the Reporting Person. Interim Chief Financial Officer Larissa Schwartz, attorney-in-fact of the Reporting Person 2021-06-17