0001209191-21-070826.txt : 20211221
0001209191-21-070826.hdr.sgml : 20211221
20211221174218
ACCESSION NUMBER: 0001209191-21-070826
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211217
FILED AS OF DATE: 20211221
DATE AS OF CHANGE: 20211221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kerrest Jacques Frederic
CENTRAL INDEX KEY: 0001700842
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38044
FILM NUMBER: 211510438
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
2021-12-17
0
0001660134
Okta, Inc.
OKTA
0001700842
Kerrest Jacques Frederic
C/O OKTA, INC.
100 FIRST ST, SUITE 600
SAN FRANCISCO
CA
94105
1
1
0
0
See Remarks
Class A Common Stock
2021-12-17
4
C
0
100
0.00
A
100
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
4
201.0325
D
96
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
5
205.35
D
91
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
5
206.412
D
86
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
2
207.20
D
84
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
2
209.0725
D
82
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
6
211.1983
D
76
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
2
212.505
D
74
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
13
214.0515
D
61
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
14
215.045
D
47
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
39
215.8522
D
8
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
8
217.1225
D
0
I
By Trust
Class A Common Stock
2021-12-17
4
C
0
100
0.00
A
100
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
3
200.8767
D
97
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
1
202.54
D
96
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
4
205.04
D
92
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
7
205.9986
D
85
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
2
207.195
D
83
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
2
208.4775
D
81
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
1
209.20
D
80
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
3
211.3067
D
77
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
3
212.27
D
74
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
12
214.0067
D
62
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
14
214.9954
D
48
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
36
215.8369
D
12
I
By Trust
Class A Common Stock
2021-12-17
4
S
0
12
217.0517
D
0
I
By Trust
Class A Common Stock
17377
D
Class B Common Stock
2021-12-17
4
C
0
100
0.00
D
Class A Common Stock
100
259532
I
By Trust
Class B Common Stock
2021-12-17
4
C
0
100
0.00
D
Class A Common Stock
100
1218955
I
By Trust
Class B Common Stock
Class A Common Stock
87001
87001
I
By Trust
Employee Stock Option (Right to Buy)
1.40
2023-08-29
Class B Common Stock
3572
3572
D
Employee Stock Option (Right to Buy)
3.11
2024-08-26
Class B Common Stock
42812
42812
D
Employee Stock Option (Right to Buy)
7.17
2025-08-27
Class B Common Stock
236053
236053
D
Employee Stock Option (Right to Buy)
8.97
2026-07-29
Class B Common Stock
988852
988852
D
Employee Stock Option (Right to Buy)
39.21
2028-03-21
Class A Common Stock
114000
114000
D
Employee Stock Option (Right to Buy)
82.16
2029-03-24
Class A Common Stock
71547
71547
D
Employee Stock Option (Right to Buy)
142.47
2030-04-14
Class A Common Stock
62511
62511
D
Employee Stock Option (Right to Buy)
274.96
2031-04-21
Class A Common Stock
31834
31834
D
Employee Stock Option (Right to Buy)
274.96
2031-04-21
Class A Common Stock
63667
63667
D
Restricted Stock Units
Class A Common Stock
3088
3088
D
Restricted Stock Units
Class A Common Stock
10290
10290
D
Restricted Stock Units
Class A Common Stock
16647
16647
D
Restricted Stock Units
Class A Common Stock
13479
13479
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 $200.80 to $201.50 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 $204.85 to $205.83 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 $206.04 to $206.53 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 $207.07 to $207.33 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 $209.03 to $209.115 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 $210.72 to $211.55 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 $212.41 to $212.60 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 $213.47 to $214.40 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 $214.49 to $215.475 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 $215.6615 to $216.63 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 $216.75 to $217.37 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 $200.80 to $201.03 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 $204.63 to $205.62 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 $205.72 to $206.52 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 $207.06 to $207.33 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 $208.115 to $208.84 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 $210.84 to $211.55 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 $211.99 to $212.41 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 $213.47 to $214.40 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 $214.49 to $215.43 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 $215.49 to $216.46 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 $216.49 to $217.37 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 through each vesting 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 through each vesting 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 through each vesting 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 through each vesting 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 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.
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.
Executive Vice Chairperson of the Board and Chief Operating Officer
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
2021-12-21