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Okta, Inc. — Director's Dealing 2020
Apr 17, 2020
30365_dirs_2020-04-17_bd6ca586-f9bf-4cc4-bee8-9eb3b493b0dc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Okta, Inc. (OKTA)
CIK: 0001660134
Period of Report: 2020-04-15
Reporting Person: KRAMER CHRISTOPHER K (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-04-15 | Class A Common Stock | C | 1034 | $0.00 | Acquired | 7948 | Direct |
| 2020-04-15 | Class A Common Stock | S | 1730 | $138.24 | Disposed | 6218 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-15 | Employee Stock Option (Right to Buy) | $8.73 | M | 1034 | Disposed | 2026-06-01 | Class B Common Stock (1034) | Direct |
| 2020-04-15 | Class B Common Stock | $ | M | 1034 | Acquired | Class A Common Stock (1034) | Direct | |
| 2020-04-15 | Class B Common Stock | $ | C | 1034 | Disposed | Class A Common Stock (1034) | Direct | |
| 2020-04-15 | Employee Stock Option (Right to Buy) | $142.47 | A | 7590 | Acquired | 2030-04-14 | Class A Common Stock (7590) | Direct |
| 2020-04-15 | Restricted Stock Units | $ | A | 3593 | Acquired | Class A Common Stock (3593) | Direct | |
| 2020-04-15 | Restricted Stock Units | $ | A | 1056 | Acquired | Class A Common Stock (1056) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $7.17 | 2025-08-24 | Class B Common Stock (2865) | 2865 | Direct |
| Employee Stock Option (Right to Buy) | $9.74 | 2027-01-22 | Class B Common Stock (20000) | 20000 | Direct |
| Employee Stock Option (Right to Buy) | $103.69 | 2029-09-18 | Class A Common Stock (3187) | 3187 | Direct |
| Restricted Stock Units | $ | Class A Common Stock (3838) | 3838 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (10096) | 10096 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (5598) | 5598 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (1409) | 1409 | Direct |
Footnotes
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: This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3: The shares subject to the option shall vest in 48 equal monthly installments commencing on June 2, 2016, subject to the Reporting Person's continuous employment with the Issuer on each such date. The option is early exercisable by the Reporting Person.
F4: 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.
F5: Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.
F6: 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.
F7: 17% of the shares underlying the RSU shall vest on June 15, 2020, 33% of the shares underlying the RSU shall vest on September 15, 2020, 39% of the shares underlying the RSU shall vest 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.
F8: The shares subject to the option are fully vested and exercisable by the Reporting Person.
F9: The shares subject to the option shall vest in 48 equal monthly installments commencing on January 16, 2017, subject to the Reporting Person's continuous employment with the Issuer on each such date. The option is early exercisable by the Reporting Person.
F10: 25% of the shares subject to the option shall vest 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.
F11: 25% of the shares underlying the RSU vested on June 15, 2018, 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.
F12: 25% of the shares underlying the RSU vested on June 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.
F13: 25% of the shares underlying the RSU shall vest 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.
F14: 25% of the shares underlying the RSU shall vest 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.