4//SEC Filing
Losch William E 4
Accession 0001209191-21-003438
CIK 0001660134other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 5:03 PM ET
Size
51.5 KB
Accession
0001209191-21-003438
Insider Transaction Report
Form 4
Okta, Inc.OKTA
Losch William E
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2021-01-11$39.21/sh+4,000$156,840→ 35,155 total - Exercise/Conversion
Class A Common Stock
2021-01-11$82.16/sh+13,000$1,068,080→ 48,155 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-01-11−5,820→ 0 totalExercise: $1.40Exp: 2023-08-29→ Class B Common Stock (5,820 underlying) - Exercise/Conversion
Class B Common Stock
2021-01-11+5,820→ 5,820 total→ Class A Common Stock (5,820 underlying) - Exercise/Conversion
Class B Common Stock
2021-01-11+8,000→ 8,000 total→ Class A Common Stock (8,000 underlying) - Sale
Class A Common Stock
2021-01-11$247.69/sh−300$74,306→ 47,555 total - Sale
Class A Common Stock
2021-01-11$252.17/sh−13,918$3,509,733→ 25,152 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-01-11−4,000→ 22,500 totalExercise: $39.21Exp: 2028-03-21→ Class A Common Stock (4,000 underlying) - Conversion
Class A Common Stock
2021-01-11+8,000→ 31,155 total - Sale
Class A Common Stock
2021-01-11$246.68/sh−300$74,003→ 47,855 total - Sale
Class A Common Stock
2021-01-11$250.09/sh−1,100$275,103→ 45,462 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-01-11−8,000→ 41,736 totalExercise: $8.97Exp: 2026-07-29→ Class B Common Stock (8,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-01-11−13,000→ 32,530 totalExercise: $82.16Exp: 2029-03-24→ Class A Common Stock (13,000 underlying) - Gift
Class B Common Stock
2021-01-11−5,820→ 0 total→ Class A Common Stock (5,820 underlying) - Conversion
Class B Common Stock
2021-01-11−8,000→ 0 total→ Class A Common Stock (8,000 underlying) - Sale
Class A Common Stock
2021-01-11$248.44/sh−993$246,697→ 46,562 total - Sale
Class A Common Stock
2021-01-11$251.31/sh−6,392$1,606,368→ 39,070 total - Sale
Class A Common Stock
2021-01-11$253.06/sh−1,997$505,357→ 23,155 total - Gift
Class B Common Stock
2021-01-11+5,820→ 448,706 total(indirect: By Trust)→ Class A Common Stock (5,820 underlying)
Holdings
- 14,797
Restricted Stock Units
→ Class A Common Stock (14,797 underlying) - 31,255
Employee Stock Option (Right to Buy)
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (31,255 underlying) - 11,032
Restricted Stock Units
→ Class A Common Stock (11,032 underlying) - 11,786
Restricted Stock Units
→ Class A Common Stock (11,786 underlying) - 244
Restricted Stock Units
→ Class A Common Stock (244 underlying)
Footnotes (19)
- [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]The shares subject to the option are fully vested and exercisable by the Reporting Person.
- [F11]20% of the shares subject to the option vested on July 29, 2017, 20% of the shares subject to the option vested on July 29, 2018, 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. The option is early exercisable by the Reporting Person.
- [F12]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.
- [F13]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.
- [F14]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.
- [F15]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- [F16]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.
- [F17]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.
- [F18]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.
- [F19]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 $246.11 to $247.01 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 $247.22 to $247.93 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 $248.36 to $248.57 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 $249.60 to $250.58 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 $250.69 to $251.68 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 $251.69 to $252.68 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.72 to $253.45 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.
Documents
Issuer
Okta, Inc.
CIK 0001660134
Entity typeother
Related Parties
1- filerCIK 0001306938
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 5:03 PM ET
- Size
- 51.5 KB