Irwin Federman - 11 Aug 2021 Form 4 Insider Report for ON24 INC. (ONTF)

Reporting owner
Signature
Dale Holladay, Attorney in Fact for the Reporting Person
Issuer context
Transaction snapshot
SEC evidence
Form type
4
Filing time
13 Aug 2021, 14:02:58 UTC
Next filing
19 Aug 2021
SEC filing
View on sec.gov

Key filing fact

Irwin Federman filed Form 4 for ON24 INC. (ONTF) on 13 Aug 2021.

Key facts

  • This page summarizes Irwin Federman's Form 4 filing for ON24 INC. (ONTF).
  • 7 reported transactions and 0 derivative rows are listed below.
  • Filing timestamp: 13 Aug 2021, 14:02.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$669,114.

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.

See Original Filing

Reported transactions

ONTF transaction

Common Stock

Other

Transaction value
Shares
-1,500,000
Change %
-20%
Price
Shares after
5,868,405
Date
11 Aug 2021
Ownership
Directly owned by USVP VII
Footnotes
F1, F2
ONTF transaction

Common Stock

Other

Transaction value
Shares
-31,250
Change %
-20%
Price
Shares after
122,258
Date
11 Aug 2021
Ownership
Directly owned by 2180-VII
Footnotes
F1, F2
ONTF transaction

Common Stock

Other

Transaction value
Shares
+312
Change %
Price
Shares after
312
Date
11 Aug 2021
Ownership
Directly owned by PMG VII
Footnotes
F1, F2
ONTF transaction

Common Stock

Other

Transaction value
Shares
+1,993
Change %
Price
Shares after
1,993
Date
11 Aug 2021
Ownership
Direct
Footnotes
F1
ONTF transaction

Common Stock

Sale

Transaction value
$6,614
Shares
-312
Change %
-100%
Price
$21.20
Shares after
0
Date
11 Aug 2021
Ownership
Directly owned PMG VII
Footnotes
F2, F3
ONTF transaction

Common Stock

Sale

Transaction value
$331,250
Shares
-15,625
Change %
-20%
Price
$21.20
Shares after
61,130
Date
12 Aug 2021
Ownership
Directly owned by EP7-A
Footnotes
F2, F3
ONTF transaction

Common Stock

Sale

Transaction value
$331,250
Shares
-15,625
Change %
-20%
Price
$21.20
Shares after
61,130
Date
12 Aug 2021
Ownership
Directly owned by EP7-B
Footnotes
F2, F3
* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id Content
F1 Represents a pro-rata in-kind distribution of the Issuer's common stock held directly by each of U.S. Venture Partners VII, L.P. ("USVP VII") and 2180 Associates Fund VII, L.P. ("2180-VII'), without additional consideration to its partners or members. Presidio Management Group VII, L.L.C ("PMG VII") received a pro-rata in-kind distribution from 2180-VII.
F2 Presidio Management Group VII, L.L.C. ("PMG VII"), the general partner of each of U.S. Venture Partners VII, L.P. ("USVP VII"), 2180 Associates Fund VII, L.P. ("Associates VII"), USVP Entrepreneur Partners VII-A, L.P. ("USVP VII-A") and USVP Entrepreneur Partners VII-B, L.P. ("USVP VII-B" and, together with USVP VII, Associates VII and USVP VII-A, the "USVP VII Funds"), has sole voting and dispositive power with respect to the shares held by the USVP VII Funds. The reporting person is a managing member of PMG VII with additional rights with respect to the shares held by the USVP VII Funds, and may be deemed to have sole voting and dispositive power with respect to such shares. Each of the foregoing persons disclaims beneficial ownership of such securities, except to the extent of any pecuniary interest therein.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.32 to $21.98, inclusive for sales on 8/12/2021. The reporting persons undertake to provide 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 ranges set forth in this footnote to this Form 4.
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