0001660134-24-000115.txt : 20240705 0001660134-24-000115.hdr.sgml : 20240705 20240705174138 ACCESSION NUMBER: 0001660134-24-000115 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240702 FILED AS OF DATE: 20240705 DATE AS OF CHANGE: 20240705 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kerrest Jacques Frederic CENTRAL INDEX KEY: 0001700842 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 241103154 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] ORGANIZATION NAME: 06 Technology 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 wk-form4_1720215691.xml FORM 4 X0508 4 2024-07-02 0 0001660134 Okta, Inc. OKTA 0001700842 Kerrest Jacques Frederic 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 1 0 0 0 1 Class A Common Stock 2024-07-02 4 C 0 3280 0 A 3280 D Class A Common Stock 2024-07-02 4 S 0 3280 95.6369 D 0 D Employee Stock Option (Right to Buy) 7.17 2024-07-02 4 M 0 3280 0 D 2025-08-27 Class B Common Stock 3280 230573 D Class B Common Stock 2024-07-02 4 M 0 3280 0 A Class A Common Stock 3280 3280 D Class B Common Stock 2024-07-02 4 C 0 3280 0 D Class A Common Stock 3280 0 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 41673 41673 D Employee Stock Option (Right to Buy) 274.96 2031-04-21 Class A Common Stock 13263 13263 D Employee Stock Option (Right to Buy) 274.96 2031-04-21 Class A Common Stock 26527 26527 D Restricted Stock Units Class A Common Stock 5549 5549 D Restricted Stock Units Class A Common Stock 5897 5897 D Restricted Stock Units Class A Common Stock 2832 2832 D Class B Common Stock Class A Common Stock 1139387 1139387 I By Trust Class B Common Stock Class A Common Stock 129376 129376 I By Trust Class B Common Stock Class A Common Stock 257668 257668 I By Trust 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 adopted by the Reporting Person on March 6, 2024. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.175 to $96.03 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the U.S. Securities and Exchange Commission (the "SEC"), 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. 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, 2021, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date, and subject to tolling from November 1, 2022 through October 31, 2023 per a Sabbatical Agreement between the Reporting Person and the Issuer. 25% of the shares underlying the RSU vested 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 service with the Issuer on each such date, and subject to tolling from November 1, 2022 through October 31, 2023 per a Sabbatical Agreement between the Reporting Person and the Issuer. The RSUs vest in full on the earlier of June 20, 2025 or the date immediately prior to the Issuer's next regular annual stockholders meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date. /s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 2024-07-05