SEC Form 4 · accession 0001209191-17-058498
Okta, Inc. · OKTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan T Runyan
Officer — General Counsel and Secretary
Period of report
Oct 27, 2017
Accepted (ET)
Oct 31, 2017 · 7:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001660134
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Oct 27, 2017 | C | 23,065 | $0.00 | A | 23,065 | D | |
| Class A Common Stock | Oct 27, 2017 | S | 9,375 | $29.00 | D | 13,690 | D | |
| Class A Common Stock | Oct 27, 2017 | S | 13,690 | $29.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $3.11 | Oct 27, 2017 | M | 9,375 | D | — | Jan 21, 2025 | Class B Common Stock | 9,375 | 172,814 | D |
| Class B Common StockF1 | — | Oct 27, 2017 | M | 9,375 | A | — | — | Class A Common Stock | 9,375 | 9,375 | D |
| Employee Stock Option (Right to Buy)F4 | $8.62 | Oct 27, 2017 | M | 13,690 | D | — | Feb 24, 2026 | Class B Common Stock | 13,690 | 81,204 | D |
| Class B Common StockF1 | — | Oct 27, 2017 | M | 13,690 | A | — | — | Class A Common Stock | 23,065 | 23,065 | D |
| Class B Common StockF1 | — | Oct 27, 2017 | C | 23,065 | D | — | — | Class A Common Stock | 23,065 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $7.17 | holding | — | — | — | — | Aug 27, 2025 | Class B Common Stock | 22,917 | 22,917 | D |
| Employee Stock Option (Right to Buy)F6 | $8.97 | holding | — | — | — | — | Jul 29, 2026 | Class B Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1Each 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.
- F2This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- F325% of the shares subject to the option vested on January 20, 2016 and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
- F4The shares subject to the option shall vest in 48 equal monthly installments beginning on February 1, 2016, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
- F5The shares subject to the option shall vest in 48 equal monthly installments beginning on August 1, 2015, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.
- F620% of the shares subject to the option vested on July 29, 2017, 20% of the shares subject to the option shall vest on July 29, 2018 and the remaining shares subject to the option shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each vesting date. The option is early exercisable by the Reporting Person.