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Filing Details

Accession Number:: 0001209191-19-036454
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-06-12 17:19:36
Reporting Period:: 2019-06-10

Accepted Time:: 2019-06-12 17:19:36
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1660134	Okta Inc.	OKTA	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1615160	Charles Race	C/O Okta, Inc. 100 First St, Suite 600 San Francisco CA 94105	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2019-06-10	30,000	$0.00	38,590	No	4	C	Direct
Class A Common Stock	Disposition	2019-06-10	6,500	$129.47	32,090	No	4	S	Direct
Class A Common Stock	Disposition	2019-06-10	8,150	$130.67	23,940	No	4	S	Direct
Class A Common Stock	Disposition	2019-06-10	11,408	$131.46	12,532	No	4	S	Direct
Class A Common Stock	Disposition	2019-06-10	3,942	$132.02	8,590	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2019-06-10	30,000	$0.00	30,000	$8.97
Class A Common Stock	Class B Common Stock	Acquisiton	2019-06-10	30,000	$0.00	30,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2019-06-10	30,000	$0.00	30,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,050,000	2026-10-23	No	4	M	Direct
30,000		No	4	M	Direct
0		No	4	C	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Employee Stock Option (Right to Buy)	$39.21	2028-03-21	58,500	58,500	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$82.16	2029-03-24	39,024	39,024	Direct
Class A Common Stock	Restricted Stock Units	$0.00		18,975	18,975	Direct
Class A Common Stock	Restricted Stock Units	$0.00		17,959	17,959	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2028-03-21	58,500	58,500	Direct
2029-03-24	39,024	39,024	Direct
	18,975	18,975	Direct
	17,959	17,959	Direct

Footnotes

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 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129 to $129.95 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 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130 to $130.99 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 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131 to $131.92 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 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.94 to $132.09 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.
25% of the shares subject to the option vested on October 20, 2017 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. The option is early 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 on each such date.
25% of the shares subject to the option shall vest 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 on each such 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 shall vest 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.