Filing Details

Accession Number:
0001209191-21-003259
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-12 16:55:21
Reporting Period:
2021-01-08
Accepted Time:
2021-01-12 16:55:21
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-01-08 50,000 $0.00 81,559 No 4 C Direct
Class A Common Stock Disposition 2021-01-08 1,397 $248.31 80,162 No 4 S Direct
Class A Common Stock Disposition 2021-01-08 5,343 $249.37 74,819 No 4 S Direct
Class A Common Stock Disposition 2021-01-08 6,889 $250.82 67,930 No 4 S Direct
Class A Common Stock Disposition 2021-01-08 14,303 $251.85 53,627 No 4 S Direct
Class A Common Stock Disposition 2021-01-08 17,061 $252.85 36,566 No 4 S Direct
Class A Common Stock Disposition 2021-01-08 3,907 $253.75 32,659 No 4 S Direct
Class A Common Stock Disposition 2021-01-08 1,100 $254.44 31,559 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Employee Stock Option (Right to Buy) Disposition 2021-01-08 50,000 $0.00 50,000 $8.97
Class A Common Stock Class B Common Stock Acquisiton 2021-01-08 50,000 $0.00 50,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-01-08 50,000 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
138,852 2026-10-23 No 4 M Direct
50,000 No 4 M Direct
0 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date 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 7,907 7,907 Direct
Class A Common Stock Restricted Stock Units $0.00 10,102 10,102 Direct
Class A Common Stock Restricted Stock Units $0.00 241 241 Direct
Class A Common Stock Restricted Stock Units $0.00 12,683 12,683 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
7,907 7,907 Direct
10,102 10,102 Direct
241 241 Direct
12,683 12,683 Direct
Footnotes
  1. 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.
  2. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  3. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.72 to $248.666 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.
  4. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.945 to $249.935 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.
  5. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.258 to $251.18 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.
  6. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.292 to $252.27 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.
  7. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.305 to $253.292 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.
  8. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $253.37 to $254.137 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.
  9. The shares subject to the option are fully vested and exercisable by the Reporting Person.
  10. 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.
  11. 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.
  12. 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.
  13. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
  14. 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.
  15. 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.
  16. 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 vested 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.
  17. 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.