Key facts
- This page summarizes Michael Burkland's Form 4 filing for OneStream, Inc. (OS).
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 27 Nov 2024, 17:52.
Michael Burkland - 25 Nov 2024 Form 4 Insider Report for OneStream, Inc. (OS)
- Reporting relationship
- Director
- Issuer ticker
- OS
- Reported as of
- 25 Nov 2024
- Net transaction value
- -$295,771
- SEC form
- 4
- Accepted by SEC
- 27 Nov 2024, 17:52:34 UTC
- Prior SEC filing
- 18 Nov 2024
- Next SEC filing
- 05 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Holly Koczot, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Burkland filed Form 4 for OneStream, Inc. (OS) on 27 Nov 2024.
Change
- Previous filing in this sequence was filed on 18 Nov 2024.
- Current net transaction value: -$295,771.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
OS
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +9,541
- Change %
- Price
- Shares after
- 9,541
- Date
- 25 Nov 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2
OS
transaction
Class A Common Stock
Sale
- Transaction value
- $295,771
- Shares
- -9,541
- Change %
- -100%
- Price
- $31.00
- Shares after
- 0
- Date
- 27 Nov 2024
- Ownership
- See Footnote
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
OS
transaction
Derivative
Common Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- -9,541
- Change %
- -1.9%
- Price
- $0.000000
- Shares after
- 486,057
- Date
- 25 Nov 2024
- Ownership
- See Footnote
- Underlying class
- Class D Common Stock
- Underlying amount
- 9,541
- Exercise price
- Footnotes
- F2, F4, F5
OS
transaction
Derivative
Class D Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +9,541
- Change %
- Price
- $0.000000
- Shares after
- 9,541
- Date
- 25 Nov 2024
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 9,541
- Exercise price
- Footnotes
- F2, F4, F6
OS
transaction
Derivative
Class D Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -9,541
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 25 Nov 2024
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 9,541
- Exercise price
- Footnotes
- F1, F2, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
The Class A Common Stock was acquired upon the conversion, at the holder's election, of Class D Common Stock held by the holder on a 1:1 basis.
Footnote F2
Held of record by the Burkland Family Trust dated 1/28/1997 (the "Burkland Trust"), of which the Reporting Person is trustee. By virtue of his relationship, the Reporting Person may be deemed to hold voting and dispositive power with respect to the securities held by the the Burkland Trust.
Footnote F3
As previously disclosed in the Issuer's prospectus dated November 14, 2024, filed with the Securities and Exchange Commission on November 15, 2024, on November 18, 2024, the Issuer completed an underwritten public offering of Class A Common Stock (the "November 2024 Follow-On Offering"). In connection with the underwriters' exercise of their option to purchase additional shares of Class A Common Stock in the November 2024 Follow-On Offering, the holder sold an additional 9,541 shares of Class A Common Stock at a public offering price of $31 per share, or a net per share price of $29.9925 after deducting $1.0075 per share of underwriting discounts and commissions.
Footnote F4
On November 25, 2024, the holder redeemed 9,541 Common Units of OneStream Software LLC, and 9,541 shares of the holder's Class C Common Stock were cancelled, in exchange for 9,541 shares of Class D Common Stock.
Footnote F5
The Common Units may be redeemed by the holder for shares of Class D Common Stock on a 1:1 basis, and an equal number of the holder's shares of Class C Common Stock (which have no economic rights) will be cancelled in connection with the redemption. The Common Units have no expiration date.
Footnote F6
The Class D Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. Each outstanding share of Class D Common Stock will automatically convert into one share of Class A common stock upon the earlier of (i) any transfer, whether or not for value, except for certain transfers exempted by the Issuer's amended and restated certificate of incorporation, (ii) death or incapacity (if the holder is a natural person), and (iii) the first trading day following the seventh anniversary of the Issuer's initial public offering.