Canaan Equity Aggregator LLC - Aug 2, 2021 Form 4 Insider Report for ON24 INC. (ONTF)

Role: 10%+ Owner
Signature: Canaan Equity Aggregator LLC, By: Canaan Extend Fund, L.P., its sole member, By: Canaan Extend Fund, LLC, its general partner, By: /s/ Robert Keppler, Title: Managing Member
Stock symbol: ONTF
Transactions as of: Aug 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/4/2021, 05:00 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ONTF	Common Stock	Other	$0	-1.25M	-21.7%	$0.00	4.51M	Aug 2, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Canaan Equity Aggregator LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On August 2, 2021, Canaan Equity Aggregator LLC ("Canaan Equity") distributed, for no consideration, an aggregate of 1,250,000 shares of Common Stock of the Issuer to its sole member, Canaan Extend Fund, L.P. ("Canaan Extend Fund"). On the same date, Canaan Extend Fund distributed, for no consideration, the shares of Common Stock it received in the distribution by Canaan Equity to its limited partners and general partner, Canaan Extend Fund, LLC ("Canaan Extend Fund GP"). On the same date, Canaan Extend Fund GP distributed, for no consideration, the shares of Common Stock it received in the distribution by Canaan Extend Fund to its members. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
F2	Shares held by Canaan Equity. Canaan Extend Fund is the sole member of Canaan Equity. Canaan Extend Fund GP is the general partner of Canaan Extend Fund. Each of Canaan Extend Fund and Canaan Extend Fund GP disclaims beneficial ownership of the shares held by Canaan Equity except to the extent of their pecuniary interest therein, if any.

Content

On August 2, 2021, Canaan Equity Aggregator LLC ("Canaan Equity") distributed, for no consideration, an aggregate of 1,250,000 shares of Common Stock of the Issuer to its sole member, Canaan Extend Fund, L.P. ("Canaan Extend Fund"). On the same date, Canaan Extend Fund distributed, for no consideration, the shares of Common Stock it received in the distribution by Canaan Equity to its limited partners and general partner, Canaan Extend Fund, LLC ("Canaan Extend Fund GP"). On the same date, Canaan Extend Fund GP distributed, for no consideration, the shares of Common Stock it received in the distribution by Canaan Extend Fund to its members. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Shares held by Canaan Equity. Canaan Extend Fund is the sole member of Canaan Equity. Canaan Extend Fund GP is the general partner of Canaan Extend Fund. Each of Canaan Extend Fund and Canaan Extend Fund GP disclaims beneficial ownership of the shares held by Canaan Equity except to the extent of their pecuniary interest therein, if any.