KOUREY MICHAEL R 4
4 · Okta, Inc. · Filed Dec 18, 2019
Insider Transaction Report
Form 4
Okta, Inc.OKTA
KOUREY MICHAEL R
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2019-12-16+17,500→ 17,500 total→ Class A Common Stock (17,500 underlying) - Conversion
Class B Common Stock
2019-12-16−17,500→ 0 total→ Class A Common Stock (17,500 underlying) - Sale
Class A Common Stock
2019-12-16$117.72/sh−200$23,545→ 0 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-12-16−17,500→ 160,000 totalExercise: $8.62Exp: 2025-12-16→ Class B Common Stock (17,500 underlying) - Gift
Class A Common Stock
2019-12-11−983→ 14,752 total(indirect: By Trust) - Conversion
Class A Common Stock
2019-12-16+17,500→ 17,500 total - Sale
Class A Common Stock
2019-12-16$116.26/sh−11,729$1,363,603→ 5,771 total - Sale
Class A Common Stock
2019-12-16$117.18/sh−5,571$652,811→ 200 total
Footnotes (6)
- [F1]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.
- [F2]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F3]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.67 to $116.665 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
- [F4]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.68 to $117.59 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
- [F5]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.63 to $117.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
- [F6]The shares subject to the option shall vest in 48 equal monthly installments commencing 11/12/2015, subject to the Reporting Person's continued service to the Issuer through each vesting date. The option is early exercisable by the Reporting Person.