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