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Filing Details

Accession Number:: 0001415889-24-027135
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-11-18 19:42:11
Reporting Period:: 2024-11-14

Accepted Time:: 2024-11-18 19:42:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1889956	Onestream Inc.	OS	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1604097	Michael Burkland	C/O Onestream, Inc. 191 N. Chester Street Birmingham MI 48009		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2024-11-14	63,608	$0.00	63,608	No	4	C	Indirect	See Footnote
Class A Common Stock	Disposition	2024-11-18	63,608	$31.00	0	No	4	S	Indirect	See Footnote

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class D Common Stock	Common Units	Disposition	2024-11-14	63,608	$0.00	63,608	$0.00
Class A Common Stock	Class D Common Stock	Acquisiton	2024-11-14	63,608	$0.00	63,608	$0.00
Class A Common Stock	Class D Common Stock	Disposition	2024-11-14	63,608	$0.00	63,608	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
495,598	No	4	C	Indirect
63,608	No	4	C	Indirect
0	No	4	C	Indirect

Footnotes

The Class A Common Stock was acquired upon the conversion, at the holder's election, of Class D Common Stock held by the holder on a 1:1 basis.
Held of record by the Burkland Family Trust dated 1/28/1997 (the "Burkland Trust"), of which the Reporting Person is trustee. By virtue of his relationship, the Reporting Person may be deemed to hold voting and dispositive power with respect to the securities held by the the Burkland Trust.
As previously disclosed in the Issuer's prospectus dated November 14, 2024, filed with the Securities and Exchange Commission on November 15, 2024, on November 18, 2024, the Issuer completed an underwritten public offering pursuant to which the holder sold 63,608 shares of Class A Common Stock at a public offering price of $31 per share, or a net per share price of $29.9925 after deducting $1.0075 per share of underwriting discounts and commissions.
On November 14, 2024, the holder redeemed 63,608 Common Units of OneStream Software LLC, and 63,608 shares of the holder's Class C Common Stock were cancelled, in exchange for 63,608 shares of Class D Common Stock.
The Common Units may be redeemed by the holder for shares of Class D Common Stock on a 1:1 basis, and an equal number of the holder's shares of Class C Common Stock (which have no economic rights) will be cancelled in connection with the redemption. The Common Units have no expiration date.
On August 20, 2024, the Reporting Person transferred his directly held Common Units to the Burkland Trust for no consideration. The Reporting Person remains the beneficial owner of the securities held by the Burkland Trust.
The Class D Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. Each outstanding share of Class D Common Stock will automatically convert into one share of Class A common stock upon the earlier of (i) any transfer, whether or not for value, except for certain transfers exempted by the Issuer's amended and restated certificate of incorporation, (ii) death or incapacity (if the holder is a natural person), and (iii) the first trading day following the seventh anniversary of the Issuer's initial public offering.