0001660134-24-000035.txt : 20240313
0001660134-24-000035.hdr.sgml : 20240313
20240313171455
ACCESSION NUMBER: 0001660134-24-000035
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: Schwartz Larissa
CENTRAL INDEX KEY: 0001968125
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38044
FILM NUMBER: 24746971
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_1710364483.xml
FORM 4
X0508
4
2024-03-11
0
0001660134
Okta, Inc.
OKTA
0001968125
Schwartz Larissa
100 FIRST STREET, SUITE 600
SAN FRANCISCO
CA
94105
0
1
0
0
See Remarks
0
Class A Common Stock
2024-03-11
4
A
0
8758
0
A
30883
D
Restricted Stock Units
Class A Common Stock
355
355
D
Restricted Stock Units
Class A Common Stock
415
415
D
Restricted Stock Units
Class A Common Stock
843
843
D
Restricted Stock Units
Class A Common Stock
2528
2528
D
Restricted Stock Units
Class A Common Stock
974
974
D
Restricted Stock Units
Class A Common Stock
40008
40008
D
Employee Stock Option (Right to Buy)
8.62
2025-12-16
Class B Common Stock
14167
14167
D
Employee Stock Option (Right to Buy)
8.73
2026-06-01
Class B Common Stock
9000
9000
D
Employee Stock Option (Right to Buy)
11.36
2027-03-05
Class B Common Stock
5000
5000
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 8,758 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 8,758 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.
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 March 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.
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.
The shares subject to the option are fully vested and exercisable by the Reporting Person.
Chief Legal Officer and Secretary
/s/ Alan Smith, attorney-in-fact of the Reporting Person
2024-03-13