0001209191-20-037329.txt : 20200617 0001209191-20-037329.hdr.sgml : 20200617 20200617170940 ACCESSION NUMBER: 0001209191-20-037329 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200615 FILED AS OF DATE: 20200617 DATE AS OF CHANGE: 20200617 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KRAMER CHRISTOPHER K CENTRAL INDEX KEY: 0001788037 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 20970462 MAIL ADDRESS: STREET 1: C/O OKTA, INC. STREET 2: 100 FIRST STREET, SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 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 2020-06-15 0 0001660134 Okta, Inc. OKTA 0001788037 KRAMER CHRISTOPHER K C/O OKTA 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 Chief Accounting Officer Class A Common Stock 2020-06-15 4 M 0 768 0.00 A 6986 D Class A Common Stock 2020-06-16 4 S 0 269 185.6219 D 6717 D Class A Common Stock 2020-06-15 4 M 0 1122 0.00 A 7839 D Class A Common Stock 2020-06-16 4 S 0 425 185.6219 D 7414 D Class A Common Stock 2020-06-15 4 M 0 1400 0.00 A 8814 D Class A Common Stock 2020-06-16 4 S 0 703 185.6219 D 8111 D Class A Common Stock 2020-06-15 4 M 0 180 0.00 A 8291 D Class A Common Stock 2020-06-16 4 S 0 91 185.6219 D 8200 D Restricted Stock Units 2020-06-15 4 M 0 768 0.00 A Class A Common Stock 768 3070 D Restricted Stock Units 2020-06-15 4 M 0 1122 0.00 A Class A Common Stock 1122 8974 D Restricted Stock Units 2020-06-15 4 M 0 1400 0.00 A Class A Common Stock 1400 4198 D Restricted Stock Units 2020-06-15 4 M 0 180 0.00 A Class A Common Stock 180 876 D Employee Stock Option (Right to Buy) 7.17 2025-08-24 Class B Common Stock 2865 2865 D Employee Stock Option (Right to Buy) 8.73 2026-06-01 Class B Common Stock 12144 12144 D Employee Stock Option (Right to Buy) 9.74 2027-01-22 Class B Common Stock 20000 20000 D Employee Stock Option (Right to Buy) 103.69 2029-09-18 Class A Common Stock 3187 3187 D Employee Stock Option (Right to Buy) 142.47 2030-04-14 Class A Common Stock 7590 7590 D Restricted Stock Units Class A Common Stock 1409 1409 D Restricted Stock Units Class A Common Stock 3593 3593 D Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $182.15 to $189.41, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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 (2) with regard to the block trade. Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock. 25% of the shares underlying the RSU vested on June 15, 2018, 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 June 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 June 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. The shares subject to the option shall vest in 48 equal monthly installments commencing on January 16, 2017, 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 shall vest on October 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 September 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. 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. Larissa Schwartz, attorney-in-fact of the Reporting Person 2020-06-17