Sharan Sharat - Nov 1, 2021 Form 4 Insider Report for ON24 INC. (ONTF)

Role
President and Chief Executive, Director
Signature
/s/ Sharat Sharan, William Weesner, Attorney-in-Fact
Stock symbol
ONTF
Transactions as of
Nov 1, 2021
Transactions value $
$894,355
Form type
4
Date filed
11/3/2021, 07:28 PM
Previous filing
Aug 24, 2021
Next filing
Nov 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTF Common Stock Options Exercise $897K +46.9K +2.42% $19.13 1.98M Nov 1, 2021 Direct
transaction ONTF Common Stock Tax liability -$452K -23.6K -1.19% $19.13 1.96M Nov 1, 2021 Direct F1
transaction ONTF Common Stock Options Exercise $892K +46.9K +2.4% $19.03 2M Nov 2, 2021 Direct
transaction ONTF Common Stock Tax liability -$442K -23.2K -1.16% $19.03 1.98M Nov 2, 2021 Direct F2
holding ONTF Common Stock 92.5K Nov 1, 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 -46.9K -25% $0.00 141K Nov 1, 2021 Common Stock 46.9K Direct F3, F4
transaction ONTF Restricted Stock Units Options Exercise $0 -46.9K -33.33% $0.00 93.8K Nov 2, 2021 Common Stock 46.9K 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.