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Filing Details

Accession Number:: 0001660134-24-000169
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-12-04 17:13:16
Reporting Period:: 2024-12-02

Accepted Time:: 2024-12-04 17:13:16
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
1700842	Frederic Jacques Kerrest	100 First St, Suite 600 San Francisco CA 94105		Yes	No	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	2024-12-02	131,426	$0.00	133,048	No	4	C	Direct
Class A Common Stock	Disposition	2024-12-02	117,746	$80.62	15,302	No	4	S	Direct
Class A Common Stock	Disposition	2024-12-02	13,680	$81.14	1,622	No	4	S	Direct
Class A Common Stock	Acquisiton	2024-12-03	37,909	$0.00	39,531	No	4	C	Direct
Class A Common Stock	Disposition	2024-12-03	37,268	$80.41	2,263	No	4	S	Direct
Class A Common Stock	Disposition	2024-12-03	641	$81.20	1,622	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	C	Direct
No	4	S	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 B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2024-12-02	131,426	$0.00	131,426	$7.17
Class A Common Stock	Class B Common Stock	Acquisiton	2024-12-02	131,426	$0.00	131,426	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-12-02	131,426	$0.00	131,426	$0.00
Class B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2024-12-03	37,909	$0.00	37,909	$7.17
Class A Common Stock	Class B Common Stock	Acquisiton	2024-12-03	37,909	$0.00	37,909	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-12-03	37,909	$0.00	37,909	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
37,909	2025-08-27	No	4	M	Direct
131,426		No	4	M	Direct
0		No	4	C	Direct
0	2025-08-27	No	4	M	Direct
37,909		No	4	M	Direct
0		No	4	C	Direct

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	988,852	988,852	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$39.21	2028-03-21	114,000	114,000	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$82.16	2029-03-24	71,547	71,547	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$142.47	2030-04-14	41,673	41,673	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$274.96	2031-04-21	13,263	13,263	Direct
Class A Common Stock	Employee Stock Option (Right to Buy)	$274.96	2031-04-21	26,527	26,527	Direct
Class A Common Stock	Restricted Stock Units	$0.00		3,700	3,700	Direct
Class A Common Stock	Restricted Stock Units	$0.00		5,055	5,055	Direct
Class A Common Stock	Restricted Stock Units	$0.00		2,832	2,832	Direct
Class A Common Stock	Class B Common Stock	$0.00		1,132,387	1,132,387	Indirect
Class A Common Stock	Class B Common Stock	$0.00		136,376	136,376	Indirect
Class A Common Stock	Class B Common Stock	$0.00		257,668	257,668	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-07-29	988,852	988,852	Direct
2028-03-21	114,000	114,000	Direct
2029-03-24	71,547	71,547	Direct
2030-04-14	41,673	41,673	Direct
2031-04-21	13,263	13,263	Direct
2031-04-21	26,527	26,527	Direct
	3,700	3,700	Direct
	5,055	5,055	Direct
	2,832	2,832	Direct
	1,132,387	1,132,387	Indirect
	136,376	136,376	Indirect
	257,668	257,668	Indirect

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 March 6, 2024.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.995 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 $81.00 to $81.41 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 $80.00 to $80.935 per share, inclusive. The Reporting Person undertakes toprovide 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 thisfootnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.00 to $81.295 per share, inclusive. The Reporting Person undertakes toprovide 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 thisfootnote.
The shares subject to the option are fully vested and exercisable by the Reporting Person.
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 service with the Issuer on each such date, and subject to tolling from November 1, 2022 through October 31, 2023 per a Sabbatical Agreement between the Reporting Person and the Issuer.
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 service with the Issuer on each such date, and subject to tolling from November 1, 2022 through October 31, 2023 per a Sabbatical Agreement between the Reporting Person and the Issuer.
The RSUs vest in full on the earlier of June 20, 2025 or the date immediately prior to the Issuer's next regular annual stockholders meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.