0001209191-20-042507.txt : 20200715 0001209191-20-042507.hdr.sgml : 20200715 20200715171059 ACCESSION NUMBER: 0001209191-20-042507 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200713 FILED AS OF DATE: 20200715 DATE AS OF CHANGE: 20200715 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Losch William E CENTRAL INDEX KEY: 0001306938 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 201030119 MAIL ADDRESS: STREET 1: DREAMWORKS ANIMATION SKG, INC. STREET 2: 1000 FLOWER STREET CITY: GLENDALE STATE: CA ZIP: 91201 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 2020-07-13 0 0001660134 Okta, Inc. OKTA 0001306938 Losch William E C/O OKTA, INC. 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 Chief Financial Officer Class A Common Stock 2020-07-13 4 C 0 20000 0.00 A 38859 D Class A Common Stock 2020-07-13 4 M 0 10000 0.00 A 48859 D Class A Common Stock 2020-07-13 4 S 0 3498 200.3783 D 45361 D Class A Common Stock 2020-07-13 4 S 0 1144 201.3236 D 44217 D Class A Common Stock 2020-07-13 4 S 0 1688 202.3148 D 42529 D Class A Common Stock 2020-07-13 4 S 0 700 203.9286 D 41829 D Class A Common Stock 2020-07-13 4 S 0 600 205.3217 D 41229 D Class A Common Stock 2020-07-13 4 S 0 1491 206.2357 D 39738 D Class A Common Stock 2020-07-13 4 S 0 1376 207.1238 D 38362 D Class A Common Stock 2020-07-13 4 S 0 500 208.274 D 37862 D Class A Common Stock 2020-07-13 4 S 0 700 209.6214 D 37162 D Class A Common Stock 2020-07-13 4 S 0 200 211.06 D 36962 D Class A Common Stock 2020-07-13 4 S 0 1092 212.5599 D 35870 D Class A Common Stock 2020-07-13 4 S 0 1723 213.7305 D 34147 D Class A Common Stock 2020-07-13 4 S 0 4345 214.927 D 29802 D Class A Common Stock 2020-07-13 4 S 0 6188 215.7061 D 23614 D Class A Common Stock 2020-07-13 4 S 0 900 216.4656 D 22714 D Class A Common Stock 2020-07-13 4 S 0 645 217.7633 D 22069 D Class A Common Stock 2020-07-13 4 S 0 500 218.958 D 21569 D Class A Common Stock 2020-07-13 4 S 0 2010 220.081 D 19559 D Class A Common Stock 2020-07-13 4 S 0 700 221.0643 D 18859 D Employee Stock Option (Right to Buy) 8.97 2020-07-13 4 M 0 20000 0.00 D 2026-07-29 Class B Common Stock 20000 94736 D Class B Common Stock 2020-07-13 4 M 0 20000 0.00 A Class A Common Stock 20000 20000 D Class B Common Stock 2020-07-13 4 C 0 20000 0.00 D Class A Common Stock 20000 0 D Employee Stock Option (Right to Buy) 39.21 2020-07-13 4 M 0 10000 0.00 D 2028-03-21 Class A Common Stock 10000 71500 D Restricted Stock Units Class A Common Stock 15444 15444 D Restricted Stock Units Class A Common Stock 14405 14405 D Restricted Stock Units Class A Common Stock 1847 1847 D Employee Stock Option (Right to Buy) 1.40 2023-08-29 Class B Common Stock 27820 27820 D Employee Stock Option (Right to Buy) 82.16 2029-03-24 Class A Common Stock 45530 45530 D Employee Stock Option (Right to Buy) 142.47 2030-04-14 Class A Common Stock 31255 31255 D Restricted Stock Units Class A Common Stock 14797 14797 D Class B Common Stock Class A Common Stock 489886 489886 I By Trust 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. Includes 196 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.85 to $200.84 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $200.91 to $201.88 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $202.02 to $202.78 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $203.41 to $204.39 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $204.68 to $205.55 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $205.68 to $206.63 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $206.71 to $207.63 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $208.08 to $208.87 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $209.27 to $209.94 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $211.03 to $211.09 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $212.06 to $212.97 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $213.14 to $214.11 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $214.26 to $215.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $215.26 to $216.24 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $216.27 to $217.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $217.27 to $218.20 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $218.28 to $219.19 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $219.62 to $220.58 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, 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 $220.73 to $221.26 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 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 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 shall vest 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. 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, 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 on each such 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. 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. /s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 2020-07-15