Sharat Sharan - 01 Nov 2021 Form 4 Insider Report for ON24 INC. (ONTF)

Role: President and Chief Executive, Director
Signature: /s/ Sharat Sharan, William Weesner, Attorney-in-Fact
Issuer symbol: ONTF
Transactions as of: 01 Nov 2021
Net transactions value: +$894,355
Form type: 4
Filing time: 03 Nov 2021, 19:28:02 UTC
Previous filing: 24 Aug 2021
Next filing: 16 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ONTF	Common Stock	Options Exercise	$896,719	+46,875	+2.4%	$19.13	1,980,047	01 Nov 2021	Direct
transaction	ONTF	Common Stock	Tax liability	$452,118	-23,634	-1.2%	$19.13	1,956,413	01 Nov 2021	Direct	F1
transaction	ONTF	Common Stock	Options Exercise	$892,031	+46,875	+2.4%	$19.03	2,003,288	02 Nov 2021	Direct
transaction	ONTF	Common Stock	Tax liability	$442,276	-23,241	-1.2%	$19.03	1,980,047	02 Nov 2021	Direct	F2
holding	ONTF	Common Stock						92,500	01 Nov 2021	Held by daughter

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ONTF	Restricted Stock Units	Options Exercise	$0	-46,875	-25%	$0.000000	140,625	01 Nov 2021	Common Stock	46,875		Direct	F3, F4
transaction	ONTF	Restricted Stock Units	Options Exercise	$0	-46,875	-33%	$0.000000	93,750	02 Nov 2021	Common Stock	46,875		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	This transaction is not a sale of shares by the Reporting Person. Instead, the shares were withheld by the Issuer, to satisfy withholding taxes in connection with the release on November 1, 2021 of restricted stock units held by the Reporting Person.
F2	This transaction is not a sale of shares by the Reporting Person. Instead, the shares were withheld by the Issuer, to satisfy withholding taxes in connection with the release on November 2, 2021 of restricted stock units held by the Reporting Person.
F3	Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.
F4	Each restricted stock unit vested upon satisfaction of a service condition and a liquidity condition and settles for one share of the issuer's common stock. The remaining RSUs will settle on December 1, 2021 and December 2, 2021.