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Filing Details

Accession Number:: 0001209191-23-050044
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-09-19 18:04:56
Reporting Period:: 2023-09-15

Accepted Time:: 2023-09-19 18:04:56
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
1700626	Todd Mckinnon	C/O Okta, Inc. 100 First St, Suite 600 San Francisco CA 94105	Chief Executive Officer	Yes	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	2023-09-15	2,643	$0.00	36,972	No	4	M	Direct
Class A Common Stock	Disposition	2023-09-18	1,331	$83.01	35,641	No	4	S	Direct
Class A Common Stock	Acquisiton	2023-09-15	1,685	$0.00	37,326	No	4	M	Direct
Class A Common Stock	Disposition	2023-09-18	849	$83.01	36,477	No	4	S	Direct
Class A Common Stock	Acquisiton	2023-09-15	10,505	$0.00	46,982	No	4	M	Direct
Class A Common Stock	Disposition	2023-09-18	5,291	$83.01	41,691	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

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	2023-09-15	2,643	$0.00	2,643	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2023-09-15	1,685	$0.00	1,685	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2023-09-15	10,505	$0.00	10,505	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,285	No	4	M	Direct
10,109	No	4	M	Direct
105,052	No	4	M	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	Class B Common Stock	$0.00		5,530,696	5,530,696	Indirect
Class A Common Stock	Class B Common Stock	$0.00		128,247	128,247	Indirect
Class B Common Stock	Employee Stock Option (Right to Buy)	$7.17	2025-08-27	181,053	181,053	Direct
Class B Common Stock	Employee Stock Option (Right to Buy)	$8.97	2026-07-29	1,794,803	1,794,803	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$39.21	2028-03-21	5,438	5,438	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$82.16	2029-03-24	32,251	32,251	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$142.47	2030-04-14	48,372	48,372	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$274.96	2031-04-21	63,667	63,667	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$274.96	2031-04-21	127,334	127,334	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	5,530,696	5,530,696	Indirect
	128,247	128,247	Indirect
2025-08-27	181,053	181,053	Direct
2026-07-29	1,794,803	1,794,803	Direct
2028-03-21	5,438	5,438	Direct
2029-03-24	32,251	32,251	Direct
2030-04-14	48,372	48,372	Direct
2031-04-21	63,667	63,667	Direct
2031-04-21	127,334	127,334	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 $82.25 to $83.75, 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 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, 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.
8.33% of the shares underlying the RSU vested on June 15, 2023, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
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.
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, 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.