Sharan Sharat - Jan 29, 2024 Form 4 Insider Report for ON24 INC. (ONTF)

Role
President and Chief Executive, Director, 10%+ Owner
Signature
/s/ Sharan Sharat by Charles Rogerson, as Attorney-in-Fact
Stock symbol
ONTF
Transactions as of
Jan 29, 2024
Transactions value $
-$230,535
Form type
4
Date filed
1/31/2024, 06:12 PM
Previous filing
Jan 10, 2024
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTF Common Stock Award $0 +76K +3.04% $0.00 2.58M Jan 29, 2024 Direct
transaction ONTF Common Stock Sale -$128K -16.4K -0.64% $7.80 2.56M Jan 30, 2024 Direct F1, F2, F3
transaction ONTF Common Stock Sale -$102K -13.5K -0.53% $7.56 2.55M Jan 31, 2024 Direct F1, F2, 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 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
F2 The transaction reported in this Form 4 was effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on August 31, 2023.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $7.74 to $7.86 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $7.49 to $7.65 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 (4) to this Form 4.