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Filing Details

Accession Number:: 0001209191-22-050552
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-09-19 17:10:48
Reporting Period:: 2022-09-15

Accepted Time:: 2022-09-19 17:10:48
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
1700628	T Jonathan Runyan	C/O Okta, Inc. 100 First St, Suite 600 San Francisco CA 94105	General Counsel And Secretary	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	2022-09-15	935	$0.00	935	No	4	M	Direct
Class A Common Stock	Disposition	2022-09-16	489	$59.39	446	No	4	S	Direct
Class A Common Stock	Acquisiton	2022-09-15	925	$0.00	1,371	No	4	M	Direct
Class A Common Stock	Disposition	2022-09-16	484	$59.39	887	No	4	S	Direct
Class A Common Stock	Acquisiton	2022-09-15	337	$0.00	1,224	No	4	M	Direct
Class A Common Stock	Disposition	2022-09-16	176	$59.39	1,048	No	4	S	Direct
Class A Common Stock	Acquisiton	2022-09-15	3,817	$0.00	4,865	No	4	M	Direct
Class A Common Stock	Disposition	2022-09-16	1,994	$59.39	2,871	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	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 A Common Stock	Restricted Stock Units	Disposition	2022-09-15	935	$0.00	935	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2022-09-15	925	$0.00	925	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2022-09-15	337	$0.00	337	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2022-09-15	3,817	$0.00	3,817	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,871	No	4	M	Direct
5,549	No	4	M	Direct
3,370	No	4	M	Direct
53,436	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	66,060	Indirect	By Trust

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class B Common Stock	Employee Stock Option (Right to Buy)	$8.97	2026-07-29	134,900	134,900	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$39.21	2028-03-21	52,000	52,000	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$82.16	2029-03-24	32,520	32,520	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$142.47	2030-04-14	31,255	31,255	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$274.96	2031-04-21	12,734	12,734	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$274.96	2031-04-21	101,867	101,867	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-07-29	134,900	134,900	Direct
2028-03-21	52,000	52,000	Direct
2029-03-24	32,520	32,520	Direct
2030-04-14	31,255	31,255	Direct
2031-04-21	12,734	12,734	Direct
2031-04-21	101,867	101,867	Direct

Footnotes

Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $58.55 to $60.73, inclusive. The Reporting Personundertakes 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 rangeset forth in this footnote (2) with regard to the block trade.
Includes 3,080 shares of Class A Common Stock transferred to the Reporting Person's trust.
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, 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 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 employment with the Issuer on each such date.
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 employment with the Issuer on each such date.
6.25% of the shares underlying the RSU vested on June 15, 2022, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
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, 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 vested 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.
25% of the shares subject to the option vested on February 1, 2022 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.