0001660134-24-000033.txt : 20240313
0001660134-24-000033.hdr.sgml : 20240313
20240313171343
ACCESSION NUMBER: 0001660134-24-000033
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: McKinnon Todd
CENTRAL INDEX KEY: 0001700626
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38044
FILM NUMBER: 24746964
MAIL ADDRESS:
STREET 1: C/O OKTA, INC.
STREET 2: 301 BRANNAN STREET 1ST FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
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_1710364414.xml
FORM 4
X0508
4
2024-03-11
0
0001660134
Okta, Inc.
OKTA
0001700626
McKinnon Todd
100 FIRST ST, SUITE 600
SAN FRANCISCO
CA
94105
1
1
0
0
Chief Executive Officer
0
Class A Common Stock
2024-03-11
4
A
0
42020
0
A
52010
D
Restricted Stock Units
Class A Common Stock
2643
2643
D
Restricted Stock Units
Class A Common Stock
8424
8424
D
Restricted Stock Units
Class A Common Stock
94547
94547
D
Class B Common Stock
Class A Common Stock
5530696
5530696
I
By Trust
Class B Common Stock
Class A Common Stock
128247
128247
I
By Trust
Employee Stock Option (Right to Buy)
7.17
2025-08-27
Class B Common Stock
181053
181053
D
Employee Stock Option (Right to Buy)
8.97
2026-07-29
Class B Common Stock
1794803
1794803
D
Employee Stock Option (Right to Buy)
39.21
2028-03-21
Class A Common Stock
5438
5438
D
Employee Stock Option (Right to Buy)
82.16
2029-03-24
Class A Common Stock
32251
32251
D
Employee Stock Option (Right to Buy)
142.47
2030-04-14
Class A Common Stock
48372
48372
D
Employee Stock Option (Right to Buy)
274.96
2031-04-21
Class A Common Stock
63667
63667
D
Employee Stock Option (Right to Buy)
274.96
2031-04-21
Class A Common Stock
127334
127334
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 42,020 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 42,020 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 March 15, 2021, 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.
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.
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.
The shares subject to the option are fully vested and exercisable by the Reporting Person.
25% of the shares subject to the option vested on February 1, 2022, and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person
2024-03-13