Federman Irwin - Jun 9, 2023 Form 4 Insider Report for ON24 INC. (ONTF)

Role
Director
Signature
/s/ FEDERMAN IRWIN by Charles Rogerson, as Attorney-in-Fact
Stock symbol
ONTF
Transactions as of
Jun 9, 2023
Transactions value $
$0
Form type
4
Date filed
6/9/2023, 05:40 PM
Previous filing
Jun 13, 2022
Next filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ONTF Common Stock 16.9K Jun 9, 2023 Direct F1, F2

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
holding ONTF Stock Options (Right to buy) 111K Jun 9, 2023 Common Stock 111K $10.09 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is voluntarily restating his holdings in light of the $1.09 special dividend declared on May 8, 2023, payable on or about June 15,2023, to stockholders of record as of the close of business on May 22, 2023. Pursuant to antidilution provisions, the previously awarded restricted stock units ("RSUs") with 14,586 shares outstanding were automatically adjusted to represent RSUs to acquire 16,900 shares, as reflected herein. There were no other changes to the RSUs.
F2 100% of the RSUs will vest on June 10, 2023.
F3 Pursuant to antidilution provisions, the exercise price of $11.18 per share of the previously awarded options were automatically adjusted to $10.09 per share, as reflected herein. There were no other changes to the options.
F4 The options vested with respect to 1/48th of such shares on November 12, 2020, with 1/48th of such shares vesting thereafter at the end of each full month of continuous service until fully vested.