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Okta, Inc. — Director's Dealing 2021
Apr 19, 2021
30365_dirs_2021-04-19_1ec10d29-2067-4574-b5b0-fc326f00f8bc.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: 2021-04-15
Reporting Person: KOUREY MICHAEL R (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-15 | Restricted Stock Units | $ | A | 31070 | Acquired | Class A Common Stock (31070) | Direct | |
| 2021-04-15 | Employee Stock Option (Right to Buy) | $274.25 | A | 69595 | Acquired | 2031-04-14 | Class A Common Stock (69595) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 16790 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $8.62 | 2025-12-16 | Class B Common Stock (60000) | 60000 | Direct |
| Restricted Stock Units | $ | Class A Common Stock (1064) | 1064 | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
F2: 25% of the shares underlying the RSU shall vest 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.
F3: 25% of the shares subject to the option shall vest on March 8, 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.
F4: The shares subject to the option are fully vested and exercisable by the Reporting Person.
F5: The RSUs vest in full on the earlier of June 16, 2021 or the date immediately prior to the Issuer's next regular annual shareholders meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.