0001209191-23-050048.txt : 20230919 0001209191-23-050048.hdr.sgml : 20230919 20230919180655 ACCESSION NUMBER: 0001209191-23-050048 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230915 FILED AS OF DATE: 20230919 DATE AS OF CHANGE: 20230919 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schwartz Larissa CENTRAL INDEX KEY: 0001968125 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 231264900 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 X0508 4 2023-09-15 0 0001660134 Okta, Inc. OKTA 0001968125 Schwartz Larissa 100 FIRST STREET, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 See Remarks 0 Class A Common Stock 2023-09-15 4 M 0 177 0.00 A 24153 D Class A Common Stock 2023-09-18 4 S 0 63 83.0072 D 24090 D Class A Common Stock 2023-09-15 4 M 0 104 0.00 A 24194 D Class A Common Stock 2023-09-18 4 S 0 37 83.0072 D 24157 D Class A Common Stock 2023-09-15 4 M 0 169 0.00 A 24326 D Class A Common Stock 2023-09-18 4 S 0 60 83.0072 D 24266 D Class A Common Stock 2023-09-15 4 M 0 316 0.00 A 24582 D Class A Common Stock 2023-09-18 4 S 0 111 83.0072 D 24471 D Class A Common Stock 2023-09-15 4 M 0 108 0.00 A 24579 D Class A Common Stock 2023-09-18 4 S 0 38 83.0072 D 24541 D Class A Common Stock 2023-09-15 4 M 0 4445 0.00 A 28986 D Class A Common Stock 2023-09-18 4 S 0 1597 83.0072 D 27389 D Restricted Stock Units 2023-09-15 4 M 0 177 0.00 D Class A Common Stock 177 533 D Restricted Stock Units 2023-09-15 4 M 0 104 0.00 D Class A Common Stock 104 519 D Restricted Stock Units 2023-09-15 4 M 0 169 0.00 D Class A Common Stock 169 1011 D Restricted Stock Units 2023-09-15 4 M 0 316 0.00 D Class A Common Stock 316 2844 D Restricted Stock Units 2023-09-15 4 M 0 108 0.00 D Class A Common Stock 108 1082 D Restricted Stock Units 2023-09-15 4 M 0 4445 0.00 D Class A Common Stock 4445 44454 D Employee Stock Option (Right to Buy) 8.62 2025-12-16 Class B Common Stock 14167 14167 D Employee Stock Option (Right to Buy) 8.73 2026-06-01 Class B Common Stock 9000 9000 D Employee Stock Option (Right to Buy) 11.36 2027-03-05 Class B Common Stock 5000 5000 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 $82.25 to $83.75, 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 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. 6.25% of the shares underlying the RSU vested on September 15, 2020, 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. 6.25% of the shares underlying the RSU vested on March 15, 2021, 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. 6.25% of the shares underlying the RSU vested on June 15, 2021, 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. 6.25% of the shares underlying the RSU vested on March 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. 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. 8.33% of the shares underlying the RSU vested on June 15, 2023, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, 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. Chief Legal Officer and Secretary /s/ Alan Smith, attorney-in-fact of the Reporting Person 2023-09-19