0001144204-18-008186.txt : 20180214 0001144204-18-008186.hdr.sgml : 20180214 20180213200100 ACCESSION NUMBER: 0001144204-18-008186 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180214 DATE AS OF CHANGE: 20180213 GROUP MEMBERS: AH CAPITAL MANAGEMENT, L.L.C. GROUP MEMBERS: AH EQUITY PARTNERS I, L.L.C. GROUP MEMBERS: AH EQUITY PARTNERS IV (PARALLEL), L.L.C. GROUP MEMBERS: AH PARALLEL FUND IV, L.P. GROUP MEMBERS: AH PARALLEL FUND IV-A, L.P. GROUP MEMBERS: AH PARALLEL FUND IV-B, L.P. GROUP MEMBERS: AH PARALLEL FUND IV-Q, L.P. GROUP MEMBERS: ANDREESSEN HOROWITZ FUND I-A, L.P. GROUP MEMBERS: ANDREESSEN HOROWITZ FUND I-B, L.P. GROUP MEMBERS: BEN HOROWITZ GROUP MEMBERS: MARC ANDREESSEN SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-89976 FILM NUMBER: 18606384 BUSINESS ADDRESS: STREET 1: 301 BRANNAN STREET, 1ST FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94107 BUSINESS PHONE: 888-722-7871 MAIL ADDRESS: STREET 1: 301 BRANNAN STREET, 1ST FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94107 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Andreessen Horowitz Fund I, L.P. CENTRAL INDEX KEY: 0001466249 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2875 SAND HILL ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6503212400 MAIL ADDRESS: STREET 1: 2875 SAND HILL ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 tv485807_sc13g.htm SCHEDULE 13G

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. __)*

 

Okta, Inc.
(Name of Issuer)
 
Class A Common Stock
(Title of Class of Securities)
 
679295105
(CUSIP Number)
 
December 31, 2017
(Date of Event Which Requires Filing of this Statement)
 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨Rule 13d-1(b)

 

¨Rule 13d-1(c)

 

xRule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 

 

 

Page 1 of 18 Pages

Exhibit Index Contained on Page 17

 

 

 

 

CUSIP NO. 679295105

13 GPages 2 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund I, L.P. (“AH I”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
5,264,301 shares1, except that AH Equity Partners I, L.L.C. (“AH Equity I”), the general partner of AH I, may be deemed to have sole power to vote these shares, and Marc Andreessen (“Andreessen”) and Ben Horowitz (“Horowitz”), the managing members of AH Equity I, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
5,264,301 shares1, except that AH Equity I, the general partner of AH I, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,264,301

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

8.3%2

12

TYPE OF REPORTING PERSON*

PN

       

1 Represents 5,264,301 shares of Class B Common Stock held directly by AH I. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 5,264,301 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

CUSIP NO. 679295105

13 GPages 3 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund I-A, L.P. (“AH I-A”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
736,791 shares1, except that AH Equity I, the general partner of AH I-A, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
736,791 shares1, except that AH Equity I, the general partner of AH I-A, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

736,791

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

1.3%2

12

TYPE OF REPORTING PERSON*

PN

       

1 Represents 736,791 shares of Class B Common Stock held directly by AH I-A. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 736,791 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person. 

 

CUSIP NO. 679295105

13 GPages 4 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund I-B, L.P. (“AH I-B”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
341,701 shares1, except that AH Equity I, the general partner of AH I-B, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
341,701 shares1, except that AH Equity I, the general partner of AH I-B, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

341,701

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.6%2

12

TYPE OF REPORTING PERSON*

PN

       

1 Represents 341,701 shares of Class B Common Stock held directly by AH I-B. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 341,701 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

CUSIP NO. 679295105

13 GPages 5 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Equity Partners I, L.L.C. (“AH Equity I”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
6,342,793 shares1, of which 5,264,301 are directly owned by AH I, 736,791 are directly owned by AH I-A and 341,701 are directly owned by AH I-B. AH Equity I, the general partner of AH I, AH I-A and AH I-B, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER

6,342,793 shares1, of which 5,264,391 are directly owned by AH I, 736,791 are directly owned by AH I-A and 341,701 are directly owned by AH I-B. AH Equity I, the general partner of AH I, AH I-A and AH I-B, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity I, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

6,342,793

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

9.8%2

12

TYPE OF REPORTING PERSON*

OO

       

1 Represents 6,342,793 shares of Class B Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 6,342,793 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person. 

 

CUSIP NO. 679295105

13 GPages 6 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Parallel Fund IV, L.P. (“AH Parallel IV”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
1,423,279 shares1, except that AH Equity Partners IV (Parallel), L.L.C. (“AH Equity Parallel IV”), the general partner of AH Parallel IV, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
1,423,279 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,423,279

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

2.4%2

12

TYPE OF REPORTING PERSON*

PN

       

1 Represents 1,423,279 shares of Class B Common Stock held directly by AH Parallel IV. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 1,423,279 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

CUSIP NO. 679295105

13 GPages 7 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Parallel Fund IV-A, L.P. (“AH Parallel IV-A”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
4,862 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-A, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
4,862 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-A, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,862

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.0%2

12

TYPE OF REPORTING PERSON*

PN

       

1 Represents 4,862 shares of Class B Common Stock held directly by AH Parallel IV-A. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 4,862 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person. 

 

CUSIP NO. 679295105

13 GPages 8 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Parallel Fund IV-B, L.P. (“AH Parallel IV-B”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
39,852 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-B, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
39,852 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-B, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

39,852

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.1%2

12

TYPE OF REPORTING PERSON*

PN

       

1 Represents 39,852 shares of Class B Common Stock held directly by AH Parallel IV-B. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 39,852 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

CUSIP NO. 679295105

13 GPages 9 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Parallel Fund IV-Q, L.P. (“AH Parallel IV-Q”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
185,857 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
185,857 shares1, except that AH Equity Parallel IV, the general partner of AH Parallel IV-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

185,857

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.3%2

12

TYPE OF REPORTING PERSON*

PN

       

1 Represents 185,857 shares of Class B Common Stock held directly by AH Parallel IV-Q. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 185,857 shares of the Issuer’s Class B Common Stock held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

CUSIP NO. 679295105

13 GPages 10 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Equity Partners IV (Parallel), L.L.C. (“AH Equity Parallel IV”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
1,653,850 shares1, of which 1,423,279 are directly owned by AH Parallel IV, 4,862 are directly owned by AH Parallel IV-A, 39,852 are directly owned by AH Parallel IV-B and 185,857 are directly owned by AH Parallel IV-Q. AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER

1,653,850 shares1, of which 1,423,279 are directly owned by AH Parallel IV, 4,862 are directly owned by AH Parallel IV-A, 39,852 are directly owned by AH Parallel IV-B and 185,857 are directly owned by AH Parallel IV-Q. AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel IV, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,653,850

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

2.8%2

12

TYPE OF REPORTING PERSON*

OO

       

1 Represents 1,653,850 shares of Class B Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 1,653,850 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

CUSIP NO. 679295105

13 GPages 11 of 18

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Capital Management, L.L.C. (“AH Capital”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
31,909 shares1. Andreessen and Horowitz, the members of AH Capital, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER

31,909 shares1. Andreessen and Horowitz, the members of AH Capital, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

31,909

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0.1%2

12

TYPE OF REPORTING PERSON*

OO

       

1 Represents 31,909 shares of the Issuer’s Class A Common Stock held directly by the Reporting Person.

 

2 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person.

 

CUSIP NO. 679295105

13 GPages 12 of 18

 

1 NAME OF REPORTING PERSONS             Marc Andreessen (“Andreessen”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S. Citizen 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
0 shares
6

SHARED VOTING POWER
8,028,552 shares1, of which 5,264,301 are directly owned by AH I, 736,791 are directly owned by AH I-A, 341,701 are directly owned by AH I-B, 1,423,279 are directly owned by AH Parallel IV, 4,862 are directly owned by AH Parallel IV-A, 39,852 are directly owned by AH Parallel IV-B, 185,857 are directly owned by AH Parallel IV-Q, and 31,909 are directly owned by AH Capital. Andreessen is a managing member of AH Equity I, the general partner of AH I, AH I-A and AH I-B, a managing member of AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, and a member of AH Capital, and may be deemed to have shared power to vote these shares.

 

In addition, Andreessen may be deemed to have shared power to vote 973,335 shares2, of which 972,056 shares are directly held by the LAMA Community Trust and 1,279 shares are directly held by the Andreessen 1996 Living Trust. 

7 SOLE DISPOSITIVE POWER
0 shares
8

SHARED DISPOSITIVE POWER
8,028,552 shares1, of which 5,264,301 are directly owned by AH I, 736,791 are directly owned by AH I-A, 341,701 are directly owned by AH I-B, 1,423,279 are directly owned by AH Parallel IV, 4,862 are directly owned by AH Parallel IV-A, 39,852 are directly owned by AH Parallel IV-B, 185,857 are directly owned by AH Parallel IV-Q, and 31,909 are directly owned by AH Capital. Andreessen is a managing member of AH Equity I, the general partner of AH I, AH I-A and AH I-B, and a managing member of AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B, AH Parallel IV-Q, and a member of AH Capital, and may be deemed to have shared power to dispose of these shares.

 

In addition, Andreessen may be deemed to have shared power to dispose of 973,335 shares2, of which 972,056 shares are directly held by the LAMA Community Trust and 1,279 shares are directly held by the Andreessen 1996 Living Trust. 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,001,887

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                               

13.6%3

12

TYPE OF REPORTING PERSON*

IN

       

1 Represents 7,996,643 shares of Class B Common Stock and 31,909 shares of Class A Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

2 Represents 972,056 shares of Class A Common Stock directly held by the LAMA Community Trust, of which the Reporting Person and his spouse are trustees, and 1,279 shares of Class A Common Stock directly held by the Andreessen 1996 Living Trust, of which JP Morgan Chase Bank, N.A. (successor-in-interest to J.P. Morgan Trust Company, N.A.) and the Reporting Person are trustees.

 

3 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 7,996,643 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.

 

CUSIP NO. 679295105

13 GPages 13 of 18

 

1 NAME OF REPORTING PERSONS             Ben Horowitz (“Horowitz”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ¨  (b) x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S. Citizen

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING

PERSON
WITH
5 SOLE VOTING POWER
828,530 shares1  
6 SHARED VOTING POWER
8,028,552 shares2, of which 5,264,301 are directly owned by AH I, 736,791 are directly owned by AH I-A, 341,701 are directly owned by AH I-B, 1,423,279 are directly owned by AH Parallel IV, 4,862 are directly owned by AH Parallel IV-A, 39,852 are directly owned by AH Parallel IV-B, 185,857 are directly owned by AH Parallel IV-Q, and 31,909 are directly owned by AH Capital. Horowitz is a managing member of AH Equity I, the general partner of AH I, AH I-A and AH I-B, a managing member of AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, and a member of AH Capital, and may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
828,530 shares1  
8 SHARED DISPOSITIVE POWER
8,028,552 shares2, of which 5,264,301 are directly owned by AH I, 736,791 are directly owned by AH I-A, 341,701 are directly owned by AH I-B, 1,423,279 are directly owned by AH Parallel IV, 4,862 are directly owned by AH Parallel IV-A, 39,852 are directly owned by AH Parallel IV-B, 185,857 are directly owned by AH Parallel IV-Q, and 31,909 are directly owned by AH Capital. Horowitz is a managing member of AH Equity I, the general partner of AH I, AH I-A and AH I-B, a managing member of AH Equity Parallel IV, the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, and a member of AH Capital, and may be deemed to have shared power to dispose of these shares.
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

8,857,082

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                               

13.4%3

12

TYPE OF REPORTING PERSON*

IN

       

1 Represents 828,530 shares of Class A Common Stock held by a family trust for which the Reporting Person is a trustee.

 

2 Represents 7,996,643 shares of Class B Common Stock and 31,909 shares of Class A Common Stock. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock.

 

3 Based on 58,191,403 shares of the Issuer’s Class A Common Stock outstanding as of December 31, 2017, as reported by the Issuer to the Reporting Person, plus 7,996,643 shares of the Issuer’s Class B Common Stock indirectly held by the Reporting Person as of December 31, 2017, which are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person. 

 

CUSIP NO. 679295105

13 GPages 14 of 18

 

ITEM 1(A).NAME OF ISSUER

 

Okta, Inc.

 

ITEM 1(B).ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

 

301 Brannan Street

San Francisco, California 94107

 

ITEM 2(A).NAME OF PERSONS FILING

This Schedule 13G is filed by Andreessen Horowitz Fund I, L.P., a Delaware limited partnership (“AH I”), Andreessen Horowitz Fund I-A, L.P., a Delaware limited partnership (“AH I-A”), Andreessen Horowitz Fund I-B, L.P., a Delaware limited partnership (“AH I-B”), AH Equity Partners I, L.L.C., a Delaware limited liability company (“AH Equity I”), AH Parallel Fund IV, L.P., a Delaware limited partnership, AH Parallel Fund IV-A, L.P., a Delaware limited partnership, AH Parallel Fund IV-B, L.P., a Delaware limited partnership, AH Parallel Fund IV-Q, L.P., a Delaware limited partnership, AH Equity Partners IV (Parallel), L.L.C., a Delaware limited liability company (“AH Equity Parallel IV”), AH Capital Management, L.L.C., a Delaware limited liability company (“AH Capital”), Marc Andreessen (“Andreessen”) and Ben Horowitz (“Horowitz”). The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”

 

AH Equity I is the general partner of AH I, AH I-A and AH I-B, and may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by AH I, AH I-A and AH I-B. Andreessen and Horowitz are managing members of AH Equity I and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by AH I, AH I-A and AH I-B.

 

AH Equity Parallel IV is the general partner of AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q, and may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q. Andreessen and Horowitz are managing members of AH Equity Parallel IV and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B and AH Parallel IV-Q.

 

Andreessen and Horowitz are members of AH Capital and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by AH Capital.

 

ITEM 2(B).ADDRESS OF PRINCIPAL OFFICE

 

The address for each of the Reporting Persons is:

 

Andreessen Horowitz

2865 Sand Hill Road

Suite 101

Menlo Park, California 94025

 

ITEM 2(C)CITIZENSHIP

See Row 4 of cover page for each Reporting Person.

 

ITEM 2(D)TITLE OF CLASS OF SECURITIES

Class A Common Stock, $0.0001 par value

 

ITEM 2(E)CUSIP NUMBER

 

679295105 

 

CUSIP NO. 679295105

13 GPages 15 of 18

 

ITEM 3.Not Applicable.

 

ITEM 4.OWNERSHIP

The following information with respect to the ownership of the Class A Common Stock of the issuer by the persons filing this Statement is provided as of December 31, 2017.

 

(a)Amount beneficially owned:

See Row 9 of cover page for each Reporting Person.

 

(b)Percent of Class:

See Row 11 of cover page for each Reporting Person.

 

(c)Number of shares as to which such person has:

 

(i)Sole power to vote or to direct the vote:

See Row 5 of cover page for each Reporting Person.

 

(ii)Shared power to vote or to direct the vote:

 

See Row 6 of cover page for each Reporting Person.

 

(iii)Sole power to dispose or to direct the disposition of:

 

See Row 7 of cover page for each Reporting Person.

 

(iv)Shared power to dispose or to direct the disposition of:

See Row 8 of cover page for each Reporting Person.

 

ITEM 5.OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

Not applicable.

 

ITEM 6.OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

Under certain circumstances set forth in the limited partnership agreements of AH I, AH I-A, AH I-B, AH Parallel IV, AH Parallel IV-A, AH Parallel IV-B, AH Parallel IV-Q and the limited liability company agreements of AH Equity I, AH Equity Parallel IV and AH Capital, the general partner and limited partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a partner or a member, as the case may be.

 

ITEM 7.IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

Not applicable.

 

ITEM 8.IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable.

 

ITEM 9.NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

 

ITEM 10.CERTIFICATION.

Not applicable.

 

 

CUSIP NO. 679295105

13 GPages 16 of 18

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 13, 2018

  Andreessen Horowitz Fund I, L.P.
  Andreessen Horowitz Fund I-A, L.P.
  Andreessen Horowitz Fund I-B, L.P.
   
  By: AH Equity Partners I, L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Equity Partners I, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Parallel Fund IV, L.P.
  AH Parallel Fund IV-A, L.P.
  AH Parallel Fund IV-B, L.P.
  AH Parallel Fund IV-Q, L.P.
   
  By: AH Equity Partners IV (Parallel), L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Equity Partners IV (Parallel), L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Capital Management, L.L.C.
   
  By : /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  Marc Andreessen
   
  /s/ Marc Andreessen
  Marc Andreessen
   
   
  Ben Horowitz
   
  /s/ Ben Horowitz
  Ben Horowitz

 

CUSIP NO. 679295105

13 GPages 17 of 18

EXHIBIT INDEX

 

  Found on Sequentially
Exhibit Numbered Page
   
Exhibit A:  Agreement of Joint Filing 18

 

 

 

CUSIP NO. 679295105

13 GPages 18 of 18

exhibit A

 

Agreement of Joint Filing

 

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Class A Common Stock of Okta, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

 

Date: February 13, 2018

 

  Andreessen Horowitz Fund I, L.P.
  Andreessen Horowitz Fund I-A, L.P.
  Andreessen Horowitz Fund I-B, L.P.
   
  By: AH Equity Partners I, L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Equity Partners I, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Parallel Fund IV, L.P.
  AH Parallel Fund IV-A, L.P.
  AH Parallel Fund IV-B, L.P.
  AH Parallel Fund IV-Q, L.P.
   
  By: AH Equity Partners IV (Parallel), L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Equity Partners IV (Parallel), L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Capital Management, L.L.C.
   
  By : /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  Marc Andreessen
   
  /s/ Marc Andreessen
  Marc Andreessen
   
   
  Ben Horowitz
   
  /s/ Ben Horowitz
  Ben Horowitz