4//SEC Filing
KRAMER CHRISTOPHER K 4
Accession 0001209191-22-037959
CIK 0001660134other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 5:06 PM ET
Size
47.9 KB
Accession
0001209191-22-037959
Insider Transaction Report
Form 4
Okta, Inc.OKTA
KRAMER CHRISTOPHER K
Chief Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-06-15+88→ 14,623 total - Exercise/Conversion
Class A Common Stock
2022-06-15+84→ 14,900 total - Exercise/Conversion
Class A Common Stock
2022-06-15+216→ 15,084 total - Exercise/Conversion
Restricted Stock Units
2022-06-15−84→ 927 total→ Class A Common Stock (84 underlying) - Exercise/Conversion
Class A Common Stock
2022-06-15+1,122→ 14,734 total - Sale
Class A Common Stock
2022-06-16$79.97/sh−33$2,639→ 14,590 total - Exercise/Conversion
Class A Common Stock
2022-06-15+224→ 14,814 total - Sale
Class A Common Stock
2022-06-16$79.97/sh−84$6,718→ 14,730 total - Sale
Class A Common Stock
2022-06-16$79.97/sh−52$4,159→ 14,816 total - Sale
Class A Common Stock
2022-06-16$79.97/sh−32$2,559→ 14,868 total - Sale
Class A Common Stock
2022-06-16$79.97/sh−81$6,478→ 15,003 total - Exercise/Conversion
Restricted Stock Units
2022-06-15−1,122→ 0 total→ Class A Common Stock (1,122 underlying) - Exercise/Conversion
Class A Common Stock
2022-06-15+350→ 14,666 total - Sale
Class A Common Stock
2022-06-16$79.97/sh−418$33,429→ 14,316 total - Sale
Class A Common Stock
2022-06-16$79.97/sh−131$10,477→ 14,535 total - Exercise/Conversion
Class A Common Stock
2022-06-15+138→ 14,868 total - Exercise/Conversion
Restricted Stock Units
2022-06-15−350→ 1,400 total→ Class A Common Stock (350 underlying) - Exercise/Conversion
Restricted Stock Units
2022-06-15−88→ 440 total→ Class A Common Stock (88 underlying) - Exercise/Conversion
Restricted Stock Units
2022-06-15−224→ 1,572 total→ Class A Common Stock (224 underlying) - Exercise/Conversion
Restricted Stock Units
2022-06-15−138→ 1,384 total→ Class A Common Stock (138 underlying) - Exercise/Conversion
Restricted Stock Units
2022-06-15−216→ 3,248 total→ Class A Common Stock (216 underlying)
Holdings
- 3,184
Employee Stock Option (Right to Buy)
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (3,184 underlying) - 3,187
Employee Stock Option (Right to Buy)
Exercise: $103.69Exp: 2029-09-18→ Class A Common Stock (3,187 underlying) - 7,590
Employee Stock Option (Right to Buy)
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (7,590 underlying)
Footnotes (13)
- [F1]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.
- [F10]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.
- [F11]25% of the shares subject to the option vested 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.
- [F12]25% of the shares subject to the option vested 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]25% of the shares subject to the option vested on February 1, 2022, 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.
- [F2]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 $78.32 to $83.73, 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.
- [F3]Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
- [F4]The shares underlying the RSU fully vested on June 15, 2022.
- [F5]25% of the shares underlying the RSU vested 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.
- [F6]25% of the shares underlying the RSU vested 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.
- [F7]25% of the shares underlying the RSU vested 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.
- [F8]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.
- [F9]25% of the shares underlying the RSU vested on March 15, 2022, 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.
Documents
Issuer
Okta, Inc.
CIK 0001660134
Entity typeother
Related Parties
1- filerCIK 0001788037
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 5:06 PM ET
- Size
- 47.9 KB