0001209191-20-058771.txt : 20201117
0001209191-20-058771.hdr.sgml : 20201117
20201117170457
ACCESSION NUMBER: 0001209191-20-058771
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201113
FILED AS OF DATE: 20201117
DATE AS OF CHANGE: 20201117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kerrest Jacques Frederic
CENTRAL INDEX KEY: 0001700842
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38044
FILM NUMBER: 201321924
MAIL ADDRESS:
STREET 1: C/O OKTA, INC.
STREET 2: 301 BRANNAN STREET 1ST FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Okta, Inc.
CENTRAL INDEX KEY: 0001660134
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 264175727
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 100 FIRST STREET
STREET 2: SUITE 600
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: 888-722-7871
MAIL ADDRESS:
STREET 1: 100 FIRST STREET
STREET 2: SUITE 600
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-11-13
0
0001660134
Okta, Inc.
OKTA
0001700842
Kerrest Jacques Frederic
C/O OKTA, INC.
100 FIRST ST, SUITE 600
SAN FRANCISCO
CA
94105
1
1
0
0
See Remarks
Class A Common Stock
10480
D
Employee Stock Option (Right to Buy)
3.11
2020-11-13
4
M
0
7616
0.00
D
2024-08-26
Class B Common Stock
7616
42812
D
Class B Common Stock
2020-11-13
4
M
0
7616
0.00
A
Class A Common Stock
7616
7616
D
Employee Stock Option (Right to Buy)
7.17
2020-11-13
4
M
0
13947
0.00
D
2025-08-27
Class B Common Stock
13947
236053
D
Class B Common Stock
2020-11-13
4
M
0
13947
0.00
A
Class A Common Stock
13947
21563
D
Employee Stock Option (Right to Buy)
8.97
2020-11-13
4
M
0
9475
0.00
D
2026-07-29
Class B Common Stock
9475
990525
D
Class B Common Stock
2020-11-13
4
M
0
9475
0.00
A
Class A Common Stock
9475
31038
D
Class B Common Stock
2020-11-13
5
G
0
E
31038
0.00
D
Class A Common Stock
31038
0
D
Class B Common Stock
2020-11-13
5
G
0
E
31038
0.00
A
Class A Common Stock
31038
1380203
I
By Trust
Class B Common Stock
Class A Common Stock
267702
267702
I
By Trust
Employee Stock Option (Right to Buy)
1.40
2023-08-29
Class B Common Stock
3572
3572
D
Employee Stock Option (Right to Buy)
39.21
2028-03-21
Class A Common Stock
114000
114000
D
Employee Stock Option (Right to Buy)
82.16
2029-03-24
Class A Common Stock
71547
71547
D
Employee Stock Option (Right to Buy)
142.47
2030-04-14
Class A Common Stock
62511
62511
D
Restricted Stock Units
Class A Common Stock
18525
18525
D
Restricted Stock Units
Class A Common Stock
20579
20579
D
Restricted Stock Units
Class A Common Stock
1150
1150
D
Restricted Stock Units
Class A Common Stock
29595
29595
D
The shares subject to the option are fully vested and exercisable by the Reporting Person.
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.
20% of the shares subject to the option vested on July 29, 2017, 20% of the shares subject to the option vested on July 29, 2018, 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. The option is early exercisable by the Reporting Person.
25% of the shares subject to the option vested on February 1, 2019 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 through each vesting date.
25% of the shares subject to the option vested on February 1, 2020 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 through each vesting date.
25% of the shares subject to the option shall vest 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.
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, 2019, 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, 2020, 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.
17% of the shares underlying the RSU vested on June 15, 2020, 33% of the shares underlying the RSU vested on September 15, 2020, 39% of the shares underlying the RSU shall vest on December 15, 2020, and the remaining 11% of the shares underlying the RSU shall vest on March 15, 2021, subject to the Reporting Person's continuous employment with the Issuer on each such date.
25% of the shares underlying the RSU shall vest 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.
Executive Vice Chairperson of the Board and Chief Operating Officer
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
2020-11-17