FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kerrest Jacques Frederic
2. Issuer Name and Ticker or Trading Symbol

Okta, Inc. [ OKTA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
See Remarks
(Last)          (First)          (Middle)

C/O OKTA, INC., 100 FIRST ST, SUITE 600
3. Date of Earliest Transaction (MM/DD/YYYY)

8/11/2020
(Street)

SAN FRANCISCO, CA 94105
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock         7542 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy) $1.40 8/11/2020  M     32000   (1)8/29/2023 Class B Common Stock 32000 $0.00 43000 D  
Class B Common Stock  (2)8/11/2020  M   32000     (2) (2)Class A Common Stock 32000 $0.00 32000 D  
Class B Common Stock  (2)8/11/2020  G   V   32000   (2) (2)Class A Common Stock 32000 $0.00 0 D  
Class B Common Stock  (2)8/11/2020  G   V 32000     (2) (2)Class A Common Stock 32000 $0.00 1285265 I By Trust 
Class B Common Stock  (2)           (2) (2)Class A Common Stock 267802  267802 I By Trust 
Employee Stock Option (Right to Buy) $3.11            (1)8/26/2024 Class B Common Stock 75000  75000 D  
Employee Stock Option (Right to Buy) $7.17            (1)8/27/2025 Class B Common Stock 250000  250000 D  
Employee Stock Option (Right to Buy) $8.97            (3)7/29/2026 Class B Common Stock 1000000  1000000 D  
Employee Stock Option (Right to Buy) $39.21            (4)3/21/2028 Class A Common Stock 114000  114000 D  
Employee Stock Option (Right to Buy) $82.16            (5)3/24/2029 Class A Common Stock 71547  71547 D  
Employee Stock Option (Right to Buy) $142.47            (6)4/14/2030 Class A Common Stock 62511  62511 D  
Restricted Stock Units  (7)           (8) (8)Class A Common Stock 21613  21613 D  
Restricted Stock Units  (7)           (9) (9)Class A Common Stock 22637  22637 D  
Restricted Stock Units  (7)           (10) (10)Class A Common Stock 1909  1909 D  
Restricted Stock Units  (7)           (11) (11)Class A Common Stock 29595  29595 D  

Explanation of Responses:
(1) The shares subject to the option are fully vested and exercisable by the Reporting Person.
(2) 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.
(3) 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.
(4) 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.
(5) 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.
(6) 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.
(7) Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
(8) 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.
(9) 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.
(10) 17% of the shares underlying the RSU vested on June 15, 2020, 33% of the shares underlying the RSU shall vest 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.
(11) 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.

Remarks:
Executive Vice Chairperson of the Board and Chief Operating Officer

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Kerrest Jacques Frederic
C/O OKTA, INC.
100 FIRST ST, SUITE 600
SAN FRANCISCO, CA 94105
X
See Remarks

Signatures
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person8/13/2020
**Signature of Reporting PersonDate

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