Cynthia Paul - 11 Mar 2023 Form 4 Insider Report for ON24 INC. (ONTF)

Signature
/s/ Cynthia Paul
Issuer symbol
ONTF
Transactions as of
11 Mar 2023
Net transactions value
$0
Form type
4
Filing time
13 Mar 2023, 19:14:14 UTC
Previous filing
02 Dec 2021
Next filing
15 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTF Common Stock Award $0 +49,622 $0.000000 49,622 11 Mar 2023 Direct F1
holding ONTF Common Stock 7,329,759 11 Mar 2023 By Fund F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares underlying restricted stock units ("RSUs"). The RSUs will vest in three equal installments with the first 1/3 vesting on March 11, 2024, second 1/3 vesting on March 11, 2025, third 1/3 vesting on March 11, 2026, in each case subject to the Reporting Person's continued service through the applicable vesting date.
F2 Shares are held directly by Lynrock Lake Master Fund LP ("Lynrock Fund"). The investment manager and general partner of Lynrock Fund are Lynrock Lake LP ("Lynrock") and Lynrock Lake Partners LLC ("Lynrock GP"), respectively, and each may be deemed to beneficially own the shares held by Lynrock Fund. The Reporting Person is the Chief Investment Officer of Lynrock and Sole Member of Lynrock GP and may be deemed to beneficially own the shares held by Lynrock Fund. The Reporting Person disclaims beneficial ownership in these shares except to the extent of her pecuniary interest therein.