Home > Insider Trading > Filing (0001660134-24-000120)

Filing Details

Accession Number:: 0001660134-24-000120
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-07-23 17:04:10
Reporting Period:: 2024-07-19

Accepted Time:: 2024-07-23 17:04:10
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	100 First St, Suite 600 San Francisco CA 94105	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2024-07-19	179,687	$0.00	227,570	No	4	C	Direct
Class A Common Stock	Disposition	2024-07-19	130,896	$93.26	96,674	No	4	S	Direct
Class A Common Stock	Disposition	2024-07-19	48,618	$93.85	48,056	No	4	S	Direct
Class A Common Stock	Disposition	2024-07-19	173	$94.73	47,883	No	4	S	Direct
Class A Common Stock	Acquisiton	2024-07-22	44,846	$0.00	92,729	No	4	C	Direct
Class A Common Stock	Disposition	2024-07-22	64,199	$94.73	28,530	No	4	S	Direct
Class A Common Stock	Disposition	2024-07-22	24,203	$95.12	4,327	No	4	S	Direct
Class A Common Stock	Disposition	2024-07-22	4,327	$96.55	0	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	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2024-07-19	101,471	$0.00	101,471	$7.17
Class B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2024-07-19	216,216	$0.00	216,216	$8.97
Class A Common Stock	Class B Common Stock	Acquisiton	2024-07-19	317,687	$0.00	317,687	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-19	179,687	$0.00	179,687	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-19	138,000	$0.00	138,000	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2024-07-19	138,000	$0.00	138,000	$0.00
Class B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2024-07-22	78,846	$0.00	78,846	$8.97
Class A Common Stock	Class B Common Stock	Acquisiton	2024-07-22	78,846	$0.00	78,846	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-22	44,846	$0.00	44,846	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-22	34,000	$0.00	34,000	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2024-07-22	34,000	$0.00	34,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
79,582	2025-08-27	No	4	M	Direct
1,578,587	2026-07-29	No	4	M	Direct
317,687		No	4	M	Direct
138,000		No	4	C	Direct
0		No	4	G	Direct
5,668,696		No	4	G	Indirect
1,499,741	2026-07-29	No	4	M	Direct
78,846		No	4	M	Direct
34,000		No	4	C	Direct
0		No	4	G	Direct
5,702,696		No	4	G	Indirect

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00		128,247	128,247	Indirect
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
Class A Common Stock	Restricted Stock Units	$0.00		5,055	5,055	Direct
Class A Common Stock	Restricted Stock Units	$0.00		73,537	73,537	Direct
Class A Common Stock	Restricted Stock Units	$0.00		55,388	55,388	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	128,247	128,247	Indirect
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
	5,055	5,055	Direct
	73,537	73,537	Direct
	55,388	55,388	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 adopted by the Reporting Person on April 15, 2024.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.6717 to $93.6706 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the U.S. Securities and Exchange Commission (the "SEC") , 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 $93.6737 to $94.66 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, 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 $94.00 to $94.99 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, 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 $95.00 to $95.99 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, 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 $96.24 to $96.93 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, 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, 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.
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.
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.
8.33% of the shares underlying the RSU vested on June 15, 2024, 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.