0001660134-24-000032.txt : 20240313
0001660134-24-000032.hdr.sgml : 20240313
20240313171205
ACCESSION NUMBER: 0001660134-24-000032
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240311
FILED AS OF DATE: 20240313
DATE AS OF CHANGE: 20240313
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ninan Shibu
CENTRAL INDEX KEY: 0001940985
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38044
FILM NUMBER: 24746953
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]
ORGANIZATION NAME: 06 Technology
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
wk-form4_1710364315.xml
FORM 4
X0508
4
2024-03-11
0
0001660134
Okta, Inc.
OKTA
0001940985
Ninan Shibu
100 FIRST STREET, SUITE 600
SAN FRANCISCO
CA
94105
0
1
0
0
Chief Accounting Officer
0
Class A Common Stock
2024-03-11
4
A
0
1095
0
A
7634
D
Restricted Stock Units
Class A Common Stock
24155
24155
D
Restricted Stock Units
Class A Common Stock
5001
5001
D
On March 21, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On March 11, 2024, the Compensation Committee of the Board of Directors determined that 1,095 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2024.
Includes 1,095 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.
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 September 15, 2023, 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.
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.
/s/ Alan Smith, attorney-in-fact of the Reporting Person
2024-03-13