X0306
4
2020-03-15
0
0001660134
Okta, Inc.
OKTA
0001788037
KRAMER CHRISTOPHER K
C/O OKTA
100 FIRST ST, SUITE 600
SAN FRANCISCO
CA
94105
0
1
0
0
Chief Accounting Officer
Class A Common Stock
2020-03-15
4
M
0
516
0.00
A
6497
D
Class A Common Stock
2020-03-16
4
S
0
196
97.6704
D
6301
D
Class A Common Stock
2020-03-15
4
M
0
767
0.00
A
7068
D
Class A Common Stock
2020-03-16
4
S
0
292
97.6704
D
6776
D
Class A Common Stock
2020-03-15
4
M
0
1122
0.00
A
7898
D
Class A Common Stock
2020-03-16
4
S
0
426
97.6704
D
7472
D
Class A Common Stock
2020-03-16
4
S
0
558
90.72
D
6914
D
Restricted Stock Units
2020-03-15
4
A
0
516
0.00
A
Class A Common Stock
516
516
D
Restricted Stock Units
2020-03-15
4
M
0
516
0.00
D
Class A Common Stock
516
0
D
Restricted Stock Units
2020-03-15
4
M
0
767
0.00
D
Class A Common Stock
767
3838
D
Restricted Stock Units
2020-03-15
4
M
0
1122
0.00
D
Class A Common Stock
1122
10096
D
Employee Stock Option (Right to Buy)
7.17
2025-08-24
Class B Common Stock
2865
2865
D
Employee Stock Option (Right to Buy)
8.73
2026-06-01
Class B Common Stock
13178
13178
D
Employee Stock Option (Right to Buy)
9.74
2027-01-22
Class B Common Stock
20000
20000
D
Employee Stock Option (Right to Buy)
103.69
2029-09-18
Class A Common Stock
3187
3187
D
Restricted Stock Units
Class A Common Stock
5598
5598
D
Restricted Stock Units
Class A Common Stock
1409
1409
D
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 $88.67 to $103.14, 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 (2) with regard to the block trade.
This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
100% of the shares underlying the RSU vested on March 15, 2020.
25% of the shares underlying the RSU vested on June 15, 2018, 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 June 15, 2019, 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.
The shares subject to the option are fully vested and exercisable by the Reporting Person.
The shares subject to the option shall vest in 48 equal monthly installments commencing on June 2, 2016, subject to the Reporting Person's continuous employment with the Issuer on each such date. The option is early exercisable by the Reporting Person.
The shares subject to the option shall vest in 48 equal monthly installments commencing on January 16, 2017, subject to the Reporting Person's continuous employment with the Issuer on each such date. The option is early exercisable by the Reporting Person.
25% of the shares subject to the option shall vest on October 1, 2020, 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.
25% of the shares underlying the RSU shall vest on June 15, 2020, 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 shall vest on September 15, 2020, 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.
Larissa Schwartz, attorney-in-fact of the Reporting Person
2020-03-18