4//SEC Filing
Runyan Jonathan T 4
Accession 0001209191-22-061990
CIK 0001660134other
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 5:15 PM ET
Size
36.0 KB
Accession
0001209191-22-061990
Insider Transaction Report
Form 4
Okta, Inc.OKTA
Runyan Jonathan T
General Counsel and Secretary
Transactions
- Exercise/Conversion
Class A Common Stock
2022-12-15+935→ 935 total - Sale
Class A Common Stock
2022-12-16$67.41/sh−465$31,347→ 925 total - Exercise/Conversion
Restricted Stock Units
2022-12-15−935→ 936 total→ Class A Common Stock (935 underlying) - Exercise/Conversion
Restricted Stock Units
2022-12-15−925→ 4,624 total→ Class A Common Stock (925 underlying) - Exercise/Conversion
Restricted Stock Units
2022-12-15−337→ 3,033 total→ Class A Common Stock (337 underlying) - Exercise/Conversion
Restricted Stock Units
2022-12-15−3,817→ 49,619 total→ Class A Common Stock (3,817 underlying) - Sale
Class A Common Stock
2022-12-16$67.41/sh−470$31,684→ 465 total - Exercise/Conversion
Class A Common Stock
2022-12-15+925→ 1,390 total - Exercise/Conversion
Class A Common Stock
2022-12-15+337→ 1,262 total - Sale
Class A Common Stock
2022-12-16$67.41/sh−170$11,460→ 1,092 total - Exercise/Conversion
Class A Common Stock
2022-12-15+3,817→ 4,909 total - Sale
Class A Common Stock
2022-12-16$67.41/sh−1,917$129,231→ 2,992 total
Holdings
- 134,900
Employee Stock Option (Right to Buy)
Exercise: $8.97Exp: 2026-07-29→ Class B Common Stock (134,900 underlying) - 52,000
Employee Stock Option (Right to Buy)
Exercise: $39.21Exp: 2028-03-21→ Class A Common Stock (52,000 underlying) - 32,520
Employee Stock Option (Right to Buy)
Exercise: $82.16Exp: 2029-03-24→ Class A Common Stock (32,520 underlying) - 31,255
Employee Stock Option (Right to Buy)
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (31,255 underlying) - 12,734
Employee Stock Option (Right to Buy)
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (12,734 underlying) - 68,931(indirect: By Trust)
Class A Common Stock
- 101,867
Employee Stock Option (Right to Buy)
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (101,867 underlying)
Footnotes (12)
- [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]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.
- [F11]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.
- [F12]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 $66.44 to $68.80, 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 with regard to the block trade.
- [F3]Includes 2,871 shares of Class A Common Stock transferred to the Reporting Person's trust.
- [F4]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [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 0001700628
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 5:15 PM ET
- Size
- 36.0 KB