Filing Details
- Accession Number:
- 0001209191-20-049178
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-09-02 17:02:43
- Reporting Period:
- 2020-08-31
- Accepted Time:
- 2020-09-02 17:02:43
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1660134 | Okta Inc. | OKTA | Services-Prepackaged Software (7372) | 264175727 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1700842 | Frederic Jacques Kerrest | C/O Okta, Inc. 100 First St, Suite 600 San Francisco CA 94105 | See Remarks | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-08-31 | 100 | $0.00 | 100 | No | 4 | C | Indirect | By Trust |
| Class A Common Stock | Disposition | 2020-08-31 | 100 | $210.10 | 0 | No | 4 | S | Indirect | By Trust |
| Class A Common Stock | Acquisiton | 2020-08-31 | 100 | $0.00 | 100 | No | 4 | C | Indirect | By Trust |
| Class A Common Stock | Disposition | 2020-08-31 | 100 | $210.10 | 0 | No | 4 | S | Indirect | By Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
| No | 4 | C | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2020-08-31 | 100 | $0.00 | 100 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2020-08-31 | 100 | $0.00 | 100 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 267,702 | No | 4 | C | Indirect | ||
| 1,285,165 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 7,542 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Employee Stock Option (Right to Buy) | $1.40 | 2023-08-29 | 43,000 | 43,000 | Direct | |
| Class B Common Stock | Employee Stock Option (Right to Buy) | $3.11 | 2024-08-26 | 75,000 | 75,000 | Direct | |
| Class B Common Stock | Employee Stock Option (Right to Buy) | $7.17 | 2025-08-27 | 250,000 | 250,000 | Direct | |
| Class B Common Stock | Employee Stock Option (Right to Buy) | $8.97 | 2026-07-29 | 1,000,000 | 1,000,000 | Direct | |
| Class A Common Stock | Employee Stock Option (Right to Buy) | $39.21 | 2028-03-21 | 114,000 | 114,000 | Direct | |
| Class A Common Stock | Employee Stock Option (Right to Buy) | $82.16 | 2029-03-24 | 71,547 | 71,547 | Direct | |
| Class A Common Stock | Employee Stock Option (Right to Buy) | $142.47 | 2030-04-14 | 62,511 | 62,511 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 21,613 | 21,613 | Direct | ||
| Class A Common Stock | Restricted Stock Units | $0.00 | 22,637 | 22,637 | Direct | ||
| Class A Common Stock | Restricted Stock Units | $0.00 | 1,909 | 1,909 | Direct | ||
| Class A Common Stock | Restricted Stock Units | $0.00 | 29,595 | 29,595 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2023-08-29 | 43,000 | 43,000 | Direct |
| 2024-08-26 | 75,000 | 75,000 | Direct |
| 2025-08-27 | 250,000 | 250,000 | Direct |
| 2026-07-29 | 1,000,000 | 1,000,000 | Direct |
| 2028-03-21 | 114,000 | 114,000 | Direct |
| 2029-03-24 | 71,547 | 71,547 | Direct |
| 2030-04-14 | 62,511 | 62,511 | Direct |
| 21,613 | 21,613 | Direct | |
| 22,637 | 22,637 | Direct | |
| 1,909 | 1,909 | Direct | |
| 29,595 | 29,595 | 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 shares subject to the option are fully vested and exercisable by the Reporting Person.
- 20% of the shares subject to the option vested on July 29, 2017, 20% of the shares subject to the option vested on July 29, 2018, 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. 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 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 shall vest 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 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 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.
- 17% of the shares underlying the RSU vested on June 15, 2020, 33% of the shares underlying the RSU shall vest on September 15, 2020, 39% of the shares underlying the RSU shall vest on December 15, 2020, and the remaining 11% of the shares underlying the RSU shall vest on March 15, 2021, 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, 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.
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