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