Filing Details

Accession Number:
0001062993-21-008067
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-01 12:32:58
Reporting Period:
2021-08-30
Accepted Time:
2021-09-01 12:32:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1110611 On24 Inc. ONTF Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1192391 Irwin Federman C/O On24, Inc.
50 Beale Street, 8Th Floor
San Francisco CA 94105
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-08-30 2,868,405 $0.00 0 No 4 J Indirect Directly owned by USVP VII
Common Stock Disposition 2021-08-30 59,758 $0.00 0 No 4 J Indirect Directly owned by 2180-VII
Common Stock Acquisiton 2021-08-30 597 $0.00 597 No 4 J Indirect Directly owned by PMG VII
Common Stock Acquisiton 2021-08-30 3,811 $0.00 9,790 No 4 J Direct
Common Stock Disposition 2021-08-31 597 $22.55 0 No 4 S Indirect Directly owned PMG VII
Common Stock Disposition 2021-08-31 29,880 $22.55 0 No 4 S Indirect Directly owned by EP7-A
Common Stock Disposition 2021-08-31 29,880 $22.55 0 No 4 S Indirect Directly owned by EP7-B
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect Directly owned by USVP VII
No 4 J Indirect Directly owned by 2180-VII
No 4 J Indirect Directly owned by PMG VII
No 4 J Direct
No 4 S Indirect Directly owned PMG VII
No 4 S Indirect Directly owned by EP7-A
No 4 S Indirect Directly owned by EP7-B
Footnotes
  1. Represents a pro-rata in-kind distribution of the Issuer's common stock held directly by each of U.S. Venture Partners VII, L.P. ("USVP VII") and 2180 Associates Fund VII, L.P. ("2180-VII'), without additional consideration to its partners or members. Presidio Management Group VII, L.L.C ("PMG VII") received a pro-rata in-kind distribution from 2180-VII.
  2. Presidio Management Group VII, L.L.C. ("PMG VII"), the general partner of each of U.S. Venture Partners VII, L.P. ("USVP VII"), 2180 Associates Fund VII, L.P. ("Associates VII"), USVP Entrepreneur Partners VII-A, L.P. ("USVP VII-A") and USVP Entrepreneur Partners VII-B, L.P. ("USVP VII-B" and, together with USVP VII, Associates VII and USVP VII-A, the "USVP VII Funds"), has sole voting and dispositive power with respect to the shares held by the USVP VII Funds. The reporting person is a managing member of PMG VII with additional rights with respect to the shares held by the USVP VII Funds, and may be deemed to have sole voting and dispositive power with respect to such shares. Each of the foregoing persons disclaims beneficial ownership of such securities, except to the extent of any pecuniary interest therein.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.33 to $23.22, inclusive for sales on 8/31/2021. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.