Sharan Sharat - Feb 7, 2025 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
Feb 7, 2025
Transactions value $
-$342,896
Form type
4
Date filed
2/11/2025, 09:32 PM
Previous filing
Jan 15, 2025
Next filing
Mar 20, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTF Common Stock Award $0 +60.3K +1.94% $0.00 3.17M Feb 7, 2025 Direct
transaction ONTF Common Stock Sale -$77.1K -11.2K -0.35% $6.85 3.16M Feb 10, 2025 Direct F1, F2, F3
transaction ONTF Common Stock Options Exercise $28K +32.5K +1.03% $0.86 3.2M Feb 10, 2025 Direct
transaction ONTF Common Stock Sale -$128K -18.7K -0.59% $6.85 3.18M Feb 10, 2025 Direct F4, F5
transaction ONTF Common Stock Sale -$76.9K -11.5K -0.36% $6.70 3.17M Feb 11, 2025 Direct F1, F2, F6
transaction ONTF Common Stock Options Exercise $25.5K +29.7K +0.94% $0.86 3.19M Feb 11, 2025 Direct
transaction ONTF Common Stock Sale -$114K -17.1K -0.53% $6.69 3.18M Feb 11, 2025 Direct F4, F7

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 -32.5K -17.44% $0.00 154K Feb 10, 2025 Common Stock 32.5K $0.86 Direct F8
transaction ONTF Stock Option (Right to Buy) Options Exercise $0 -29.7K -19.25% $0.00 124K Feb 11, 2025 Common Stock 29.7K $0.86 Direct F8
* 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 June 13, 2024.
F2 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.75 to $6.99 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 transaction reported in this Form 4 was effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on June 13, 2024.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.74 to $6.99 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 (5) to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.62 to $6.78 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 (6) to this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.62 to $6.77 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 (7) to this Form 4.
F8 The options are fully vested and exercisable.