Filing Details
- Accession Number:
- 0001660134-25-000030
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-13 17:05:53
- Reporting Period:
- 2025-02-11
- Filing Date:
- 2025-02-13
- Accepted Time:
- 2025-02-13 17:05:53
- 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 |
---|---|---|---|---|---|---|---|
1968125 | Larissa Schwartz | 100 First Street, 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 | 2025-02-11 | 1,554 | $0.00 | 24,865 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2025-02-11 | 2,740 | $97.59 | 22,125 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2025-02-11 | 8,758 | $0.00 | 30,883 | No | 4 | A | Direct | |
Class A Common Stock | Acquisiton | 2025-02-11 | 7,746 | $0.00 | 38,629 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | S | Direct | |
No | 4 | A | Direct | |
No | 4 | A | 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 | 2025-02-11 | 1,554 | $0.00 | 1,554 | $8.62 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2025-02-11 | 1,554 | $0.00 | 1,554 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2025-02-11 | 1,554 | $0.00 | 1,554 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
9,507 | 2025-12-16 | No | 4 | M | Direct | |
1,554 | No | 4 | M | Direct | ||
0 | No | 4 | C | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class B Common Stock | Employee Stock Option (Right to Buy) | $8.73 | 2026-06-01 | 9,000 | 9,000 | Direct | |
Class B Common Stock | Employee Stock Option (Right to Buy) | $11.36 | 2027-03-05 | 5,000 | 5,000 | Direct | |
Class A Common Stock | Restricted Stock Units | $0.00 | 169 | 169 | Direct | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 1,264 | 1,264 | Direct | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 541 | 541 | Direct | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 22,227 | 22,227 | Direct | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 17,430 | 17,430 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2026-06-01 | 9,000 | 9,000 | Direct |
2027-03-05 | 5,000 | 5,000 | Direct |
169 | 169 | Direct | |
1,264 | 1,264 | Direct | |
541 | 541 | Direct | |
22,227 | 22,227 | Direct | |
17,430 | 17,430 | 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 September 30, 2024.
- On March 21, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On February 11, 2025, the Compensation Committee of the Board of Directors determined that 8,758 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2025.
- Includes 8,758 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.
- On March 29, 2024, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On February 11, 2025, the Compensation Committee of the Board of Directors determined that 7,746 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2025.
- Includes 16,504 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.
- 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.
- 6.25% of the shares underlying the RSU vested on June 15, 2021, 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.
- 6.25% of the shares underlying the RSU vested on March 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.
- 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.
- 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.