Vattuone Steven - Jul 31, 2023 Form 4 Insider Report for ON24 INC. (ONTF)

Role
Chief Financial Officer
Signature
/s/ Vattuone Steven by Charles Rogerson, as Attorney-in-Fact
Stock symbol
ONTF
Transactions as of
Jul 31, 2023
Transactions value $
-$334,797
Form type
4
Date filed
8/2/2023, 04:18 PM
Previous filing
Jul 17, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTF Common Stock Options Exercise $8.27K +6.72K +1.7% $1.23* 402K Jul 31, 2023 Direct
transaction ONTF Common Stock Sale -$60K -6.72K -1.67% $8.92 396K Jul 31, 2023 Direct F1, F2
transaction ONTF Common Stock Options Exercise $48.6K +23.1K +5.85% $2.10 419K Aug 1, 2023 Direct
transaction ONTF Common Stock Options Exercise $19.8K +16.1K +3.84% $1.23* 435K Aug 1, 2023 Direct
transaction ONTF Common Stock Sale -$144K -16.1K -3.7% $8.96 419K Aug 1, 2023 Direct F1, F3
transaction ONTF Common Stock Sale -$207K -23.1K -5.53% $8.96 396K Aug 1, 2023 Direct F1, F3

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 -6.72K -7.19% $0.00 86.7K Jul 31, 2023 Common Stock 6.72K $1.23 Direct F4
transaction ONTF Stock Option (Right to Buy) Options Exercise $0 -23.1K -32.81% $0.00 47.4K Aug 1, 2023 Common Stock 23.1K $2.10 Direct F5
transaction ONTF Stock Option (Right to Buy) Options Exercise $0 -16.1K -18.53% $0.00 70.7K Aug 1, 2023 Common Stock 16.1K $1.23 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on September 13, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.910 to $8.955, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares sold in each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.910 to $9.070, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares sold in each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 The options vested with respect to 1/48th of such shares on December 23, 2019, with 1/48th of such shares vesting thereafter at the end of each full month of continuous service until fully vested.
F5 The options are fully vested and exercisable.