SEC Form 4 · accession 0001209191-18-063520

Okta, Inc. · OKTA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Michael R Kourey

Director

Period of report

Dec 17, 2018

Accepted (ET)

Dec 19, 2018 · 5:03 pm EST

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
Class A Common Stock	Dec 17, 2018	C	17,500	$0.00	A	17,500	D
Class A Common Stock^F3	Dec 17, 2018	S	6,675	$60.60	D	10,825	D
Class A Common Stock^F4	Dec 17, 2018	S	2,003	$61.60	D	8,822	D
Class A Common Stock^F5	Dec 17, 2018	S	2,400	$62.95	D	6,422	D
Class A Common Stock^F6	Dec 17, 2018	S	5,722	$63.74	D	700	D
Class A Common Stock^F7	Dec 17, 2018	S	700	$64.94	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)^F8	$8.62	Dec 17, 2018	M	17,500	D	—	Dec 16, 2025	Class B Common Stock	17,500	230,000	D
Class B Common Stock^F1	—	Dec 17, 2018	M	17,500	A	—	—	Class A Common Stock	17,500	17,500	D
Class B Common Stock^F1	—	Dec 17, 2018	C	17,500	D	—	—	Class A Common Stock	17,500	0	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.
F3The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.195 to $61.16 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
F4The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.26 to $62.19 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
F5The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.33 to $63.28 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
F6The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.35 to $64.32 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
F7The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.38 to $65.33 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
F8The shares subject to the option shall vest in 48 equal monthly installments commencing 11/12/2015, subject to the Reporting Person's continuous service to the Issuer through each vesting date. The option is early exercisable by the Reporting Person.