Christopher K. Kramer - 15 Jun 2022 Form 4 Insider Report for Okta, Inc. (OKTA)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Jun 2022, 17:06:40 UTC
Prior SEC filing
24 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Larissa Schwartz, attorney-in-fact of the Reporting Person

Key filing fact

Christopher K. Kramer filed Form 4 for Okta, Inc. (OKTA) on 17 Jun 2022.

Key facts

  • This page summarizes Christopher K. Kramer's Form 4 filing for Okta, Inc. (OKTA).
  • 21 reported transactions and 10 derivative rows are listed below.
  • Accepted by SEC: 17 Jun 2022, 17:06.

Change

  • Previous filing in this sequence was filed on 24 Mar 2022.
  • Current net transaction value: -$66,458.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OKTA transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,122
Change %
+8.2%
Price
$0.000000
Shares after
14,734
Date
15 Jun 2022
Ownership
Direct
OKTA transaction

Class A Common Stock

Sale

Transaction value
$33,429
Shares
-418
Change %
-2.8%
Price
$79.97
Shares after
14,316
Date
16 Jun 2022
Ownership
Direct
Footnotes
F1, F2
OKTA transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+350
Change %
+2.4%
Price
$0.000000
Shares after
14,666
Date
15 Jun 2022
Ownership
Direct
OKTA transaction

Class A Common Stock

Sale

Transaction value
$10,477
Shares
-131
Change %
-0.89%
Price
$79.97
Shares after
14,535
Date
16 Jun 2022
Ownership
Direct
Footnotes
F1, F2
OKTA transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+88
Change %
+0.61%
Price
$0.000000
Shares after
14,623
Date
15 Jun 2022
Ownership
Direct
OKTA transaction

Class A Common Stock

Sale

Transaction value
$2,639
Shares
-33
Change %
-0.23%
Price
$79.97
Shares after
14,590
Date
16 Jun 2022
Ownership
Direct
Footnotes
F1, F2
OKTA transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+224
Change %
+1.5%
Price
$0.000000
Shares after
14,814
Date
15 Jun 2022
Ownership
Direct
OKTA transaction

Class A Common Stock

Sale

Transaction value
$6,718
Shares
-84
Change %
-0.57%
Price
$79.97
Shares after
14,730
Date
16 Jun 2022
Ownership
Direct
Footnotes
F1, F2
OKTA transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+138
Change %
+0.94%
Price
$0.000000
Shares after
14,868
Date
15 Jun 2022
Ownership
Direct
OKTA transaction

Class A Common Stock

Sale

Transaction value
$4,159
Shares
-52
Change %
-0.35%
Price
$79.97
Shares after
14,816
Date
16 Jun 2022
Ownership
Direct
Footnotes
F1, F2
OKTA transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+84
Change %
+0.57%
Price
$0.000000
Shares after
14,900
Date
15 Jun 2022
Ownership
Direct
OKTA transaction

Class A Common Stock

Sale

Transaction value
$2,559
Shares
-32
Change %
-0.21%
Price
$79.97
Shares after
14,868
Date
16 Jun 2022
Ownership
Direct
Footnotes
F1, F2
OKTA transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+216
Change %
+1.5%
Price
$0.000000
Shares after
15,084
Date
15 Jun 2022
Ownership
Direct
OKTA transaction

Class A Common Stock

Sale

Transaction value
$6,478
Shares
-81
Change %
-0.54%
Price
$79.97
Shares after
15,003
Date
16 Jun 2022
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OKTA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,122
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,122
Exercise price
Footnotes
F3, F4
OKTA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-350
Change %
-20%
Price
$0.000000
Shares after
1,400
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
350
Exercise price
Footnotes
F3, F5
OKTA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-88
Change %
-17%
Price
$0.000000
Shares after
440
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
88
Exercise price
Footnotes
F3, F6
OKTA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-224
Change %
-12%
Price
$0.000000
Shares after
1,572
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
224
Exercise price
Footnotes
F3, F7
OKTA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-138
Change %
-9.1%
Price
$0.000000
Shares after
1,384
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
138
Exercise price
Footnotes
F3, F8
OKTA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-84
Change %
-8.3%
Price
$0.000000
Shares after
927
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
84
Exercise price
Footnotes
F3, F9
OKTA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-216
Change %
-6.2%
Price
$0.000000
Shares after
3,248
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
216
Exercise price
Footnotes
F3, F10
OKTA holding Derivative

Employee Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,187
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,187
Exercise price
$103.69
Footnotes
F11
OKTA holding Derivative

Employee Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,590
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
7,590
Exercise price
$142.47
Footnotes
F12
OKTA holding Derivative

Employee Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,184
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,184
Exercise price
$274.96
Footnotes
F13
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 13 footnotes

Footnote F1

Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

Footnote F2

The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $78.32 to $83.73, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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 (2) with regard to the block trade.

Footnote F3

Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class A Common Stock.

Footnote F4

The shares underlying the RSU fully vested on June 15, 2022.

Footnote F5

25% of the shares underlying the RSU vested 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.

Footnote F6

25% of the shares underlying the RSU vested 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.

Footnote F7

25% of the shares underlying the RSU vested 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.

Footnote F8

6.25% of the shares underlying the RSU vested on March 15, 2021, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.

Footnote F9

25% of the shares underlying the RSU vested 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.

Footnote F10

6.25% of the shares underlying the RSU vested on June 15, 2022, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.

Footnote F11

25% of the shares subject to the option vested 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.

Footnote F12

25% of the shares subject to the option vested 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.

Footnote F13

25% of the shares subject to the option vested on February 1, 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.

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