Sharat Sharan - 02 Jan 2022 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
02 Jan 2022
Net transactions value
-$1,756,376
Form type
4
Filing time
04 Jan 2022, 15:41:47 UTC
Previous filing
03 Dec 2021
Next filing
30 Dec 2022
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 $485,000 +248,718 +12% $1.95 2,291,126 02 Jan 2022 Direct
transaction ONTF Common Stock Options Exercise $2,500 +1,282 +0.06% $1.95 2,292,408 02 Jan 2022 Direct
transaction ONTF Common Stock Tax liability $2,516 -145 -0.01% $17.35 2,292,263 02 Jan 2022 Direct F1
transaction ONTF Common Stock Tax liability $2,241,360 -129,185 -5.6% $17.35 2,163,078 02 Jan 2022 Direct F2
holding ONTF Common Stock 92,500 02 Jan 2022 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 Stock Option (Right to Buy) Options Exercise $0 -1,282 -100% $0.000000* 0 02 Jan 2022 Common Stock 1,282 $1.95 Direct F3
transaction ONTF Stock Option (Right to Buy) Options Exercise $0 -248,718 -100% $0.000000* 0 02 Jan 2022 Common Stock 248,718 $1.95 Direct F3
* 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 the cost of the exercise in connection with the exercise on January 2, 2022 of ISO stock option 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 the cost of the exercise and withholding taxes in connection with the exercise on January 2, 2022 of NSO stock option held by the Reporting Person.
F3 The option is fully vested and exercisable