0001562180-23-005059.txt : 20230609
0001562180-23-005059.hdr.sgml : 20230609
20230609173856
ACCESSION NUMBER: 0001562180-23-005059
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230609
FILED AS OF DATE: 20230609
DATE AS OF CHANGE: 20230609
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sahasi Jayesh
CENTRAL INDEX KEY: 0001841662
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39965
FILM NUMBER: 231006533
MAIL ADDRESS:
STREET 1: 934 LUNDY LN
CITY: LOS ALTOS
STATE: CA
ZIP: 94024
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ON24 INC.
CENTRAL INDEX KEY: 0001110611
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 50 BEALE STREET, 8TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: (415) 369-8000
MAIL ADDRESS:
STREET 1: 50 BEALE STREET, 8TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
FORMER COMPANY:
FORMER CONFORMED NAME: ON24 INC
DATE OF NAME CHANGE: 20000329
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0407
4
2023-06-09
false
0001110611
ON24 INC.
ONTF
0001841662
Sahasi Jayesh
C/O ON24, INC.
50 BEALE STREET, 8TH FLOOR
SAN FRANCISCO
CA
94015
false
true
false
false
EV President, Product and CTO
false
Common Stock
84286.00
D
Common Stock
77244.00
D
Common Stock
176116.00
D
Stock Options (Right to buy)
13.33
2030-12-11
Common Stock
17299.00
17299.00
D
Stock Options (Right to buy)
13.33
2030-12-11
Common Stock
183701.00
183701.00
D
Stock Options (Right to buy)
2.00
2030-01-16
Common Stock
55370.00
55370.00
D
Stock Options (Right to buy)
1.35
2028-12-21
Common Stock
26043.00
26043.00
D
Stock Options (Right to buy)
1.23
2030-01-16
Common Stock
22086.00
22086.00
D
The Reporting Person is voluntarily restating his holdings in light of the $1.09 special dividend declared on May 8, 2023, payable on or about June 15,2023, to stockholders of record as of the close of business on May 22, 2023. Pursuant to antidilution provisions, the previously awarded restricted stock units ("RSUs") with 72,745 shares outstanding were automatically adjusted to represent RSUs to acquire 84,286 shares, as reflected herein. There were no other changes to the RSUs.
The RSUs will vest in 16 equal installments over a four-year period, with the first installment vesting on February 20, 2022, in each case subject to the Reporting Person's continued service through the applicable vesting date.
Pursuant to antidilution provisions, the previously awarded RSUs with 66,667 shares outstanding were automatically adjusted to represent RSUs to acquire 77,244 shares, as reflected herein. There were no other changes to the RSUs.
The RSUs will vest semi-annually in three equal installments with the first 1/3 vesting on February 20. 2023, in each case subject to the Reporting Person's continued service through the applicable vesting date.
Pursuant to antidilution provisions, the previously awarded RSUs with 152,000 shares outstanding were automatically adjusted to represent RSUs to acquire 176,116 shares, as reflected herein. There were no other changes to the RSUs.
The RSUs will vest 1/12 quarterly over 3 years beginning on June 1, 2023.
Pursuant to antidilution provisions, the exercise price of $14.42 per share of the previously awarded options were automatically adjusted to $13.33 per share, as reflected herein. There were no other changes to the options.
The options vested with respect to 1/48th of such shares on February 1, 2021, with 1/48th of such shares vesting thereafter at the end of each full month of continuous service until fully vested.
Pursuant to antidilution provisions, the previously awarded options to acquire 47,811 shares for an exercise price of $2.32 per share were automatically adjusted to represent options to acquire 55,370 shares for an exercise price of $2.00 per share, as reflected herein. There were no other changes to the options.
The options are fully vested and exercisable.
Pursuant to antidilution provisions, the exercise price of $2.44 per share of the previously awarded options were automatically adjusted to $1.35 per share, as reflected herein. There were no other changes to the options.
Pursuant to antidilution provisions, the exercise price of $2.32 per share of the previously awarded options were automatically adjusted to $1.23 per share, as reflected herein. There were no other changes to the options.
/s/ Sahasi Jayesh by Charles Rogerson, as Attorney-in-Fact
2023-06-09
EX-24
2
sahasipoab.txt
PAO EFFECTIVE 04/01/2022
POWER OF ATTORNEY FOR SECTION 16 REPORTING PURPOSES
Know all by these presents, that the undersigned hereby constitutes
and appoints each of Steven Vattuone, Amit Khetan, William Weesner,
Charles Rogerson and Bianca Jean LaCaille, or any of them signing
singly, and with full power of substitution, as the undersigned's
true and lawful attorney-in-fact to:
(1) prepare, execute for and on behalf of the undersigned
Forms 3, 4, and 5 in accordance with Section 16(a) of the
Securities Exchange Act of 1934 and the rules thereunder,
and any other forms or reports the undersigned may be required
to file in connection with the undersigned's ownership, acquisition,
or disposition of securities of ON24, Inc. (the "Company"),
(2) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and
execute any such Form 3, 4, or 5, or other form or report, and
timely file such form or report with the United States
Securities and Exchange Commission and any stock exchange or
similar authority, and
(3) take any other action of any type whatsoever in connection
with the foregoing, which, in the opinion of such attorney-in-fact,
may be of benefit to, in the best interest of, or legally required
by, the undersigned, it being understood that the documents
executed by such attorney-in-fact on behalf of the undersigned
pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such
attorney-in-fact may approve in such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform any and every act and thing
whatsoever requisite, necessary, or proper to be done in the
exercise of any of the rights and powers herein granted, as fully
to all intents and purposes as the undersigned might or could do
if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or
substitutes, shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted.
The undersigned acknowledges that the foregoing attorney-in-fact,
in serving in such capacity at the request of the undersigned,
is not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the
Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms 3, 4,
and 5 with respect to the undersigned's holdings of and
transactions in securities issued by the Company, unless earlier
revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of 12/21/2021.
Jayesh Sahasi