4//SEC Filing
Kerrest Jacques Frederic 4
Accession 0001700842-25-000006
CIK 0001660134other
Filed
Sep 24, 8:00 PM ET
Accepted
Sep 25, 5:00 PM ET
Size
21.6 KB
Accession
0001700842-25-000006
Insider Transaction Report
Form 4
Okta, Inc.OKTA
Kerrest Jacques Frederic
Director
Transactions
- Conversion
Class A Common Stock
2025-09-23+73,000→ 73,000 total(indirect: By Trust) - Conversion
Class B Common Stock
2025-09-23−73,000→ 926,987 total(indirect: By Trust)→ Class A Common Stock (73,000 underlying) - Gift
Class A Common Stock
2025-09-25−73,000→ 0 total(indirect: By Trust)
Holdings
- 3,429
Class A Common Stock
- 41,673
Employee Stock Option (Right to Buy)
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (41,673 underlying) - 13,263
Employee Stock Option (Right to Buy)
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (13,263 underlying) - 88,776(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (88,776 underlying) - 2,487
Restricted Stock Units
→ Class A Common Stock (2,487 underlying) - 71,547
Employee Stock Option (Right to Buy)
Exercise: $82.16Exp: 2029-03-24→ Class A Common Stock (71,547 underlying) - 26,527
Employee Stock Option (Right to Buy)
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (26,527 underlying) - 157,668(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (157,668 underlying) - 1,685
Restricted Stock Units
→ Class A Common Stock (1,685 underlying) - 114,000
Employee Stock Option (Right to Buy)
Exercise: $39.21Exp: 2028-03-21→ Class A Common Stock (114,000 underlying)
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]The transaction reported involved a gift by the Trust of 73,000 shares of Class A Common Stock to the American Endowment Foundation FBO Kerrest Johnson Family Charitable Fund, a donor advised fund.
- [F3]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- [F4]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 service with the Issuer on each such date, and subject to tolling from November 1, 2022 through October 31, 2023 per a Sabbatical Agreement between the Reporting Person and the Issuer.
- [F5]The RSUs vest in full on the earlier of June 24, 2026 or the date immediately prior to the Issuer's next regular annual stockholder meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.
- [F6]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 0001700842
Filing Metadata
- Form type
- 4
- Filed
- Sep 24, 8:00 PM ET
- Accepted
- Sep 25, 5:00 PM ET
- Size
- 21.6 KB