0001209191-22-050555.txt : 20220919 0001209191-22-050555.hdr.sgml : 20220919 20220919171336 ACCESSION NUMBER: 0001209191-22-050555 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220915 FILED AS OF DATE: 20220919 DATE AS OF CHANGE: 20220919 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: St. Ledger Susan CENTRAL INDEX KEY: 0001673606 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 221251297 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 2022-09-15 0 0001660134 Okta, Inc. OKTA 0001673606 St. Ledger Susan C/O OKTA, INC. 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 See Remarks Class A Common Stock 2022-09-15 4 M 0 2696 0.00 A 40514 D Class A Common Stock 2022-09-16 4 S 0 1408 59.3931 D 39106 D Class A Common Stock 2022-09-15 4 M 0 53913 0.00 A 93019 D Class A Common Stock 2022-09-16 4 S 0 28156 59.3931 D 64863 D Class A Common Stock 2022-09-15 4 M 0 2290 0.00 A 67153 D Class A Common Stock 2022-09-16 4 S 0 1196 59.3931 D 65957 D Class A Common Stock 27 I By Trust Restricted Stock Units 2022-09-15 4 M 0 2696 0.00 D Class A Common Stock 2696 26956 D Restricted Stock Units 2022-09-15 4 M 0 53913 0.00 D Class A Common Stock 53913 0 D Restricted Stock Units 2022-09-15 4 M 0 2290 0.00 D Class A Common Stock 2290 32061 D Includes 109 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan. 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 $58.55 to $60.73, 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 (3) with regard to the block trade. 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, 2022, 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. 50% of the shares underlying the RSU vested on September 15, 2021 and the remaining vested on September 15, 2022, 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. President, Worldwide Field Operations Larissa Schwartz, attorney-in-fact of the Reporting Person 2022-09-19