Filing Details
- Accession Number:
- 0001209191-22-050555
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-09-19 17:13:36
- Reporting Period:
- 2022-09-15
- Accepted Time:
- 2022-09-19 17:13:36
- 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 |
---|---|---|---|---|---|---|---|
1673606 | Susan Ledger St. | 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 | 2022-09-15 | 2,696 | $0.00 | 40,514 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2022-09-16 | 1,408 | $59.39 | 39,106 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2022-09-15 | 53,913 | $0.00 | 93,019 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2022-09-16 | 28,156 | $59.39 | 64,863 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2022-09-15 | 2,290 | $0.00 | 67,153 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2022-09-16 | 1,196 | $59.39 | 65,957 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Restricted Stock Units | Disposition | 2022-09-15 | 2,696 | $0.00 | 2,696 | $0.00 |
Class A Common Stock | Restricted Stock Units | Disposition | 2022-09-15 | 53,913 | $0.00 | 53,913 | $0.00 |
Class A Common Stock | Restricted Stock Units | Disposition | 2022-09-15 | 2,290 | $0.00 | 2,290 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
26,956 | No | 4 | M | Direct | ||
0 | No | 4 | M | Direct | ||
32,061 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 27 | Indirect | By Trust |
Footnotes
- Includes 109 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan.
- 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 transactionsat prices ranging from $58.55 to $60.73, 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 setforth in this footnote (3) with regard to the block trade.
- 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, 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.
- 50% of the shares underlying the RSU vested on September 15, 2021 and the remaining vested on September 15, 2022, 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.