0001209191-23-050057.txt : 20230919 0001209191-23-050057.hdr.sgml : 20230919 20230919181014 ACCESSION NUMBER: 0001209191-23-050057 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: Tighe Brett CENTRAL INDEX KEY: 0001865084 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 231264916 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 0001865084 Tighe Brett C/O OKTA, INC. 100 FIRST ST, SUITE 600 SAN FRANCISCO CA 94105 0 1 0 0 Chief Financial Officer 0 Class A Common Stock 2023-09-15 4 M 0 301 0.00 A 56753 D Class A Common Stock 2023-09-18 4 S 0 140 83.0072 D 56613 D Class A Common Stock 2023-09-15 4 M 0 415 0.00 A 57028 D Class A Common Stock 2023-09-18 4 S 0 190 83.0072 D 56838 D Class A Common Stock 2023-09-15 4 M 0 202 0.00 A 57040 D Class A Common Stock 2023-09-18 4 S 0 92 83.0072 D 56948 D Class A Common Stock 2023-09-15 4 M 0 4580 0.00 A 61528 D Class A Common Stock 2023-09-18 4 S 0 1906 83.0072 D 59622 D Class A Common Stock 2023-09-15 4 M 0 6298 0.00 A 65920 D Class A Common Stock 2023-09-18 4 S 0 2518 83.0072 D 63402 D Class A Common Stock 1250 I By Trust Restricted Stock Units 2023-09-15 4 M 0 301 0.00 D Class A Common Stock 301 906 D Restricted Stock Units 2023-09-15 4 M 0 415 0.00 D Class A Common Stock 415 2075 D Restricted Stock Units 2023-09-15 4 M 0 202 0.00 D Class A Common Stock 202 1214 D Restricted Stock Units 2023-09-15 4 M 0 4580 0.00 D Class A Common Stock 4580 45802 D Restricted Stock Units 2023-09-15 4 M 0 6298 0.00 D Class A Common Stock 6298 62976 D Class B Common Stock Class A Common Stock 69046 69046 I By Trust Includes 368 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 $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 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 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. 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. /s/ Alan Smith, attorney-in-fact of the Reporting Person 2023-09-19