Filing Details

Accession Number:
0001660134-24-000149
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-22 17:06:57
Reporting Period:
2024-10-18
Accepted Time:
2024-10-22 17:06:57
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-10-18 224,533 $0.00 224,533 No 4 C Direct
Class A Common Stock Disposition 2024-10-18 222,637 $74.62 1,896 No 4 S Direct
Class A Common Stock Disposition 2024-10-18 1,896 $75.06 0 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
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 2024-10-18 372,033 $0.00 372,033 $8.97
Class A Common Stock Class B Common Stock Acquisiton 2024-10-18 372,033 $0.00 372,033 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-10-18 224,533 $0.00 224,533 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-10-18 147,500 $0.00 147,500 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2024-10-18 147,500 $0.00 147,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
828,175 2026-07-29 No 4 M Direct
372,033 No 4 M Direct
147,500 No 4 C Direct
0 No 4 G Direct
6,004,778 No 4 G Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date 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 3,370 3,370 Direct
Class A Common Stock Restricted Stock Units $0.00 63,031 63,031 Direct
Class A Common Stock Restricted Stock Units $0.00 50,353 50,353 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
3,370 3,370 Direct
63,031 63,031 Direct
50,353 50,353 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 adopted by the Reporting Person on April 15, 2024.
  3. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.06 to $75.05 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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 forthin this footnote.
  4. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.06 to $75.08 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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 forthin this footnote.
  5. The shares subject to the option are fully vested and exercisable by the Reporting Person.
  6. 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.
  7. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
  8. 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.
  9. 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.
  10. 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.