4//SEC Filing
Race Charles 4
Accession 0001209191-21-003259
CIK 0001660134other
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 4:55 PM ET
Size
36.8 KB
Accession
0001209191-21-003259
Insider Transaction Report
Form 4
Okta, Inc.OKTA
Race Charles
See Remarks
Transactions
- Sale
Class A Common Stock
2021-01-08$249.37/sh−5,343$1,332,372→ 74,819 total - Conversion
Class B Common Stock
2021-01-08−50,000→ 0 total→ Class A Common Stock (50,000 underlying) - Sale
Class A Common Stock
2021-01-08$248.31/sh−1,397$346,895→ 80,162 total - Sale
Class A Common Stock
2021-01-08$254.44/sh−1,100$279,884→ 31,559 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-01-08−50,000→ 138,852 totalExercise: $8.97Exp: 2026-10-23→ Class B Common Stock (50,000 underlying) - Sale
Class A Common Stock
2021-01-08$251.85/sh−14,303$3,602,263→ 53,627 total - Sale
Class A Common Stock
2021-01-08$253.75/sh−3,907$991,405→ 32,659 total - Exercise/Conversion
Class B Common Stock
2021-01-08+50,000→ 50,000 total→ Class A Common Stock (50,000 underlying) - Sale
Class A Common Stock
2021-01-08$252.85/sh−17,061$4,313,944→ 36,566 total - Conversion
Class A Common Stock
2021-01-08+50,000→ 81,559 total - Sale
Class A Common Stock
2021-01-08$250.82/sh−6,889$1,727,911→ 67,930 total
Holdings
- 241
Restricted Stock Units
→ Class A Common Stock (241 underlying) - 26,790
Employee Stock Option (Right to Buy)
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (26,790 underlying) - 58,500
Employee Stock Option (Right to Buy)
Exercise: $39.21Exp: 2028-03-21→ Class A Common Stock (58,500 underlying) - 7,907
Restricted Stock Units
→ Class A Common Stock (7,907 underlying) - 39,024
Employee Stock Option (Right to Buy)
Exercise: $82.16Exp: 2029-03-24→ Class A Common Stock (39,024 underlying) - 10,102
Restricted Stock Units
→ Class A Common Stock (10,102 underlying) - 12,683
Restricted Stock Units
→ Class A Common Stock (12,683 underlying)
Footnotes (17)
- [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.
- [F10]25% of the shares subject to the option vested on February 1, 2019, 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.
- [F11]25% of the shares subject to the option vested on February 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.
- [F12]25% of the shares subject to the option shall vest on February 1, 2021, 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.
- [F13]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- [F14]25% of the shares underlying the RSU vested on March 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.
- [F15]25% of the shares underlying the RSU vested on March 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.
- [F16]17% of the shares underlying the RSU vested on June 15, 2020, 33% of the shares underlying the RSU vested on September 15, 2020, 39% of the shares underlying the RSU vested on December 15, 2020, and the remaining 11% of the shares underlying the RSU shall vest on March 15, 2021, subject to the Reporting Person's continuous employment with the Issuer on each such date.
- [F17]25% of the shares underlying the RSU shall vest 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.
- [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 $247.72 to $248.666 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 $248.945 to $249.935 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 $250.258 to $251.18 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.292 to $252.27 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.
- [F7]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.305 to $253.292 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.
- [F8]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $253.37 to $254.137 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.
- [F9]The shares subject to the option are fully vested and exercisable by the Reporting Person.
Documents
Issuer
Okta, Inc.
CIK 0001660134
Entity typeother
Related Parties
1- filerCIK 0001615160
Filing Metadata
- Form type
- 4
- Filed
- Jan 11, 7:00 PM ET
- Accepted
- Jan 12, 4:55 PM ET
- Size
- 36.8 KB