Okta, Inc. Form 8-K Summary
Business Context and Reporting Period
This filing is a Current Report on Form 8-K dated June 28, 2018, regarding the results of Okta, Inc.'s 2018 Annual Meeting of Stockholders. The meeting was held on June 28, 2018, with a record date of May 2, 2018. A quorum was established with 95,604,341 shares present, representing 253,437,018 total votes.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Stockholders voted on two proposals, both of which were approved:
- Proposal 1: Election of Directors. Three Class I directors were elected to serve until the 2021 annual meeting.
- Todd McKinnon: 214,205,382 votes For; 10,520,678 votes Withheld.
- Michael Kourey: 213,410,803 votes For; 11,315,257 votes Withheld.
- Michael Stankey: 213,411,128 votes For; 11,314,932 votes Withheld.
- Proposal 2: Ratification of Auditors. Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2019.
- For: 252,837,592
- Against: 279,407
- Abstain: 320,019
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management outlook, specific risks, contingencies, or unusual items. The document serves solely to disclose the outcome of the shareholder vote.
Key Facts for Investor Verification
- Confirmation that Todd McKinnon, Michael Kourey, and Michael Stankey were successfully elected to the Board of Directors.
- Verification that Ernst & Young LLP was ratified as the auditor for the fiscal year ending January 31, 2019.
- Review of the definitive proxy statement filed on May 9, 2018, for detailed biographies of directors and further context on the proposals.