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