US Venture Partners VII L P's Form 4 filing
ON24 Inc. (ONTF) · filed Aug 13, 2021
- Accession no.
- 0001062993-21-007454
- Filed
- Aug 13, 2021, 2:02 PM ET
- Trade date
- Aug 11-12, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 6 non-derivative transactions. Open-market sales total $669.1K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| US Venture Partners VII L PCIK 0001225439 | 10% Owner |
| 2180 Associates Fund VII L PCIK 0001225440 | 10% Owner |
| Usvp Entrepreneur Partners VII A L PCIK 0001225442 | 10% Owner |
| Usvp Entrepreneur Partners VII B L PCIK 0001225443 | 10% Owner |
| Presidio Management Group VII L L CCIK 0001225482 | 10% Owner |
| Tansey Casey MCIK 0001474322 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 11, 2021 | Common Stock | JOtherDisposed | −1,500,000 | –F1 | – | 5,868,405 | Indirect | Duplicate filing |
| Aug 11, 2021 | Common Stock | JOtherDisposed | −31,250 | –F1 | – | 122,258 | Indirect | Duplicate filing |
| Aug 11, 2021 | Common Stock | JOtherAcquired | +312 | –F1 | – | 312 | Direct | Duplicate filing |
| Aug 12, 2021 | Common Stock | SSaleDisposed | −312 | $21.20F3 | −$6,614.4 | 0 | Direct | |
| Aug 12, 2021 | Common Stock | SSaleDisposed | −15,625 | $21.20F3 | −$331,250 | 61,130 | Indirect | |
| Aug 12, 2021 | Common Stock | SSaleDisposed | −15,625 | $21.20F3 | −$331,250 | 61,130 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
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.
Referenced by the price of 3 transactions in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.32 to $21.98, inclusive for sales on 8/12/2021. 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.
Referenced by the price of 3 transactions in Table I.