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