Home > Insider Trading > Filing (0000905148-21-000152)

Filing Details

Accession Number:: 0000905148-21-000152
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-09 20:47:04
Reporting Period:: 2021-02-03

Accepted Time:: 2021-02-09 20:47:04
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1110611	On24 Inc.	ONTF	()	NY

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
769993	Goldman Sachs & Co. Llc	200 West Street New York NY 10282	No	No	No	No
886982	Goldman Sachs Group Inc	200 West Street New York NY 10282	No	No	No	No
1786430	Special Situations Investing Group Ii, Llc	200 West Street New York NY 10282	No	No	No	No
1825522	Gssg Holdings Llc	200 West Street New York NY 10282	No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-02-03	4,027	$71.28	4,027	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2021-02-03	28,670	$72.06	32,697	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2021-02-03	1,366	$73.21	34,063	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2021-02-03	9,737	$74.22	43,800	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2021-02-03	200	$75.28	44,000	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2021-02-03	43,600	$76.99	87,600	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2021-02-03	200	$79.46	87,800	No	4	P	Indirect	See Footnotes
Common Stock	Disposition	2021-02-03	900	$72.13	86,900	No	4	S	Indirect	See Footnotes
Common Stock	Disposition	2021-02-03	1,300	$76.76	85,600	No	4	S	Indirect	See Footnotes
Common Stock	Acquisiton	2021-02-05	22	$68.15	85,622	No	4	P	Indirect	See Footnotes
Common Stock	Disposition	2021-02-05	22	$68.15	85,600	No	4	S	Indirect	See Footnotes
Common Stock	Acquisiton	2021-02-05	5,543,918	$0.00	5,629,518	No	4	C	Indirect	See Footnotes
Common Stock	Disposition	2021-02-05	275,000	$46.50	5,354,518	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	C	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Class B Preferred Stock	Disposition	2021-02-05	3,233,851	$0.00	3,233,851	$0.00
Common Stock	Class B-1 Preferred Stock	Disposition	2021-02-05	2,310,067	$0.00	2,310,067	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	C	Indirect
0			No	4	C	Indirect

Footnotes

This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group"), Goldman Sachs & Co. LLC ("Goldman Sachs"), GSSG Holdings LLC ("GSSG"), and Special Situations Investing Group II, LLC ("SSIG") (together, the "Reporting Persons"). GSSG is a wholly owned subsidiary of GS Group, and SSIG is a wholly owned subsidiary of GSSG. Goldman Sachs is a wholly owned subsidiary of GS Group. Certain of the transactions reported herein were effected by Goldman Sachs acting as agent on behalf of an international affiliate that had entered into riskless principal trades in connection with client trade facilitation in the ordinary course of its business. Without conceding riskless principal trades in connection with client facilitation in the ordinary course of business can result in liability under Section 16(b), the amount of profit recoverable by ON24, Inc. (the "Issuer") from the reported transactions will be remitted to the Issuer.
GS Group may be deemed to beneficially own indirectly, the number of shares of Common Stock, par value $0.0001 per share ("Common Stock") of the Issuer reported as held by SSIG and/or Goldman Sachs, respectively. After giving effect to the transaction on February 5, 2021, Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, 5,354,518 shares of the common stock (the "Common Stock") of the Issuer by reason of the direct or indirect beneficial ownership of such shares as follows: (i) 5,268,918 shares of Common Stock held by SSIG and (ii) 85,600 shares of Common Stock held by Goldman Sachs.
Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interests in, such securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $70.58 to $71.52, inclusive. The reporting person undertakes to provide to 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 purchased or sold at each separate price within the ranges set forth in footnotes (4) through (10) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $71.61 to $72.58, inclusive.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $72.61 to $73.60, inclusive.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $73.70 to $74.39, inclusive.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.31 to $77.00, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.00 to $72.30, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.42 to $77.30, inclusive.
All of the shares of convertible preferred stock automatically converted into shares of the Issuer's Common Stock on a 1-for-1 basis upon the closing of the Issuer's initial public offering. The convertible preferred stock had no expiration date.