Accession Number: | 0001209191-20-055291 |
Date: | 2020-10-15 |
Issuer: | OKTA, INC. (OKTA) |
Original Submission Date: |
KERREST JACQUES FREDERIC
C/O OKTA, INC.
100 FIRST ST, SUITE 600
SAN FRANCISCO, CA 94105
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2020-10-15 | 0 | $0.00 | 10,480 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 1.4 | 2020-10-15 | deemed execution date | M | 7,428 (d) | 2023-08-29 | class b common stock 7,428 | $1.40 | 3,572 | direct | ||
CLASS B COMMON STOCK | 0.0 | 2020-10-15 | deemed execution date | M | 7,428 (a) | class a common stock 7,428 | $0.00 | 7,428 | direct | |||
CLASS B COMMON STOCK | 0.0 | 2020-10-15 | deemed execution date | G | 7,428 (d) | class a common stock 7,428 | $0.00 | 0 | direct | |||
CLASS B COMMON STOCK | 0.0 | 2020-10-15 | deemed execution date | G | 7,428 (a) | class a common stock 7,428 | $0.00 | 1,324,593 | indirect | by trust | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 3.11 | 2020-10-15 | deemed execution date | M | 24,572 (d) | 2024-08-26 | class b common stock 24,572 | $3.11 | 50,428 | direct | ||
CLASS B COMMON STOCK | 0.0 | 2020-10-15 | deemed execution date | M | 24,572 (a) | class a common stock 24,572 | $0.00 | 24,572 | direct | |||
CLASS B COMMON STOCK | 0.0 | 2020-10-15 | deemed execution date | G | 24,572 (d) | class a common stock 24,572 | $0.00 | 0 | direct | |||
CLASS B COMMON STOCK | 0.0 | 2020-10-15 | deemed execution date | G | 24,572 (a) | class a common stock 24,572 | $0.00 | 1,349,165 | indirect | by trust | ||
CLASS B COMMON STOCK | 0.0 | 2020-10-15 | deemed execution date | 0 ( ) | class a common stock 267,702 | $0.00 | 267,702 | indirect | by trust | |||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 7.17 | 2020-10-15 | deemed execution date | 0 ( ) | 2025-08-27 | class b common stock 250,000 | $7.17 | 250,000 | direct | |||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 8.97 | 2020-10-15 | deemed execution date | 0 ( ) | 2026-07-29 | class b common stock 1,000,000 | $8.97 | 1,000,000 | direct | |||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 39.21 | 2020-10-15 | deemed execution date | 0 ( ) | 2028-03-21 | class a common stock 114,000 | $39.21 | 114,000 | direct | |||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 82.16 | 2020-10-15 | deemed execution date | 0 ( ) | 2029-03-24 | class a common stock 71,547 | $82.16 | 71,547 | direct | |||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 142.47 | 2020-10-15 | deemed execution date | 0 ( ) | 2030-04-14 | class a common stock 62,511 | $142.47 | 62,511 | direct | |||
RESTRICTED STOCK UNITS | 0.0 | 2020-10-15 | deemed execution date | 0 ( ) | class a common stock 18,525 | $0.00 | 18,525 | direct | ||||
RESTRICTED STOCK UNITS | 0.0 | 2020-10-15 | deemed execution date | 0 ( ) | class a common stock 20,579 | $0.00 | 20,579 | direct | ||||
RESTRICTED STOCK UNITS | 0.0 | 2020-10-15 | deemed execution date | 0 ( ) | class a common stock 1,150 | $0.00 | 1,150 | direct | ||||
RESTRICTED STOCK UNITS | 0.0 | 2020-10-15 | deemed execution date | 0 ( ) | class a common stock 29,595 | $0.00 | 29,595 | direct |
ID | footnote |
---|---|
f1 | the shares subject to the option are fully vested and exercisable by the reporting person. |
f2 | 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. |
f3 | 20% of the shares subject to the option vested on july 29, 2017, 20% of the shares subject to the option vested 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 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 vested on february 1, 2019 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 through each vesting date. |
f5 | 25% of the shares subject to the option vested on february 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 through each vesting date. |
f6 | 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. |
f7 | each restricted stock unit ("rsu") represents the right to receive one share of the issuer's class a common stock. |
f8 | 25% of the shares underlying the rsu vested on march 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. |
f9 | 25% of the shares underlying the rsu vested on march 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. |
f10 | 17% of the shares underlying the rsu vested on june 15, 2020, 33% of the shares underlying the rsu vested 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. |
f11 | 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. |