Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ONTF | Common Stock | Sale | -$319K | -25K | -0.71% | $12.76 | 3.49M | Mar 4, 2022 | See Footnotes | F1, F2, F3, F4 |
transaction | ONTF | Common Stock | Sale | -$321K | -25K | -0.72% | $12.84 | 3.47M | Mar 7, 2022 | See Footnotes | F1, F3, F4, F5 |
Id | Content |
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F1 | This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group"), Goldman Sachs & Co. LLC ("Goldman Sachs"), GSSG Holdings LLC ("GSSG"), and Special Situations Investing Group II, LLC ("SSIG", together with GS Group, Goldman Sachs, and GSSG, the "Reporting Persons"). GSSG is a wholly owned subsidiary of GS Group, and SSIG is a wholly owned subsidiary of GSSG. Goldman Sachs is a wholly owned subsidiary of GS Group. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.60 to $13.21, inclusive. The Reporting Persons undertake 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 ranges set forth in footnotes (2) and (5) to this Form 4. |
F3 | GS Group may be deemed to beneficially own indirectly, the number of shares of common stock of the Issuer (the "Common Stock") reported as held by SSIG and/or Goldman Sachs, respectively. Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, 3,465,273 shares of the Common Stock of the Issuer by reason of the direct or indirect beneficial ownership of such shares as follows: (i) 3,377,854 shares of Common Stock held by SSIG and (ii) 87,419 shares of Common Stock held by Goldman Sachs. |
F4 | Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interests in, such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose. |
F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.575 to $13.06, inclusive. |
The Reporting Persons are filing this Form 4 out of abundance of caution on the basis that they may be deemed directors by deputization of Holger Staude, an employee of Goldman Sachs & Co. LLC who currently serves on the Issuer's board of directors. Mr. Staude disclaims beneficial ownership of any and all securities reported herein, and this report shall not be deemed an admission that Mr. Staude is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.