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Filing Details

Accession Number:: 0001209191-20-058038
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-11-12 17:07:14
Reporting Period:: 2020-11-10

Accepted Time:: 2020-11-12 17:07:14
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	2020-11-10	50,000	$0.00	68,638	No	4	C	Direct
Class A Common Stock	Disposition	2020-11-10	1,300	$204.24	67,338	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	3,300	$205.23	64,038	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	1,600	$205.94	62,438	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	3,000	$207.27	59,438	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	2,800	$208.18	56,638	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	4,050	$209.25	52,588	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	5,143	$210.31	47,445	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	4,400	$211.33	43,045	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	14,283	$212.03	28,762	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	800	$213.35	27,962	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	1,818	$215.00	26,144	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	1,054	$215.77	25,090	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	2,998	$217.52	22,092	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-10	3,454	$218.58	18,638	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
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	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	2020-11-10	50,000	$0.00	50,000	$8.97
Class A Common Stock	Class B Common Stock	Acquisiton	2020-11-10	50,000	$0.00	50,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2020-11-10	50,000	$0.00	50,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
250,000	2026-10-23	No	4	M	Direct
50,000		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	Employee Stock Option (Right to Buy)	$142.47	2030-04-14	26,790	26,790	Direct
Class A Common Stock	Restricted Stock Units	$0.00		9,488	9,488	Direct
Class A Common Stock	Restricted Stock Units	$0.00		11,225	11,225	Direct
Class A Common Stock	Restricted Stock Units	$0.00		12,683	12,683	Direct
Class A Common Stock	Restricted Stock Units	$0.00		1,099	1,099	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
2030-04-14	26,790	26,790	Direct
	9,488	9,488	Direct
	11,225	11,225	Direct
	12,683	12,683	Direct
	1,099	1,099	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 $203.69 to $204.64 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 $204.74 to $205.70 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 $205.76 to $206.715 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 $206.79 to $207.77 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 $207.85 to $208.78 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 $208.8501 to $209.85 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 $209.88 to $210.835 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 $210.90 to $211.85 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.90 to $212.82 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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 $213.00 to $213.745 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 $214.54 to $215.14 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 $215.58 to $216.165 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 $217.14 to $218.11 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 $218.15 to $218.80 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 on each such 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 on each such 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.
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.
17% of the shares underlying the RSU vested on June 15, 2020, 33% of the shares underlying the RSU vested 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.