Canaan Equity Aggregator LLC 4
4 · ON24 INC. · Filed Feb 8, 2021
Insider Transaction Report
Form 4
ON24 INC.ONTF
Canaan Equity Aggregator LLC
10% Owner
Transactions
- Conversion
Class A-1 Preferred Stock
2021-02-05−762,591→ 0 total→ Common Stock (762,591 underlying) - Sale
Common Stock
2021-02-05$50.00/sh−466,970$23,348,500→ 5,759,298 total - Conversion
Common Stock
2021-02-05+5,463,677→ 6,226,268 total - Conversion
Common Stock
2021-02-05+762,591→ 762,591 total - Conversion
Class A-2 Preferred Stock
2021-02-05−5,463,677→ 0 total→ Common Stock (5,463,677 underlying)
Footnotes (2)
- [F1]The convertible preferred stock is convertible at any time, at the holder's election, and has no expiration date. The shares of convertible preferred stock will automatically convert into shares of the Issuer's common stock upon the closing of the Issuer's initial public offering.
- [F2]Shares held by Canaan Equity Aggregator LLC ("Canaan Equity"). Canaan Extend Fund, L.P. ("Canaan Extend Fund") is the sole member of Canaan Equity. Canaan Extend Fund, LLC ("Canaan Extend Fund GP") is the general partner of Canaan Extend Fund, L.P. Each of Canaan Extend Fund and Canaan Extend Fund GP disclaims beneficial ownership of the shares held by Canaan Equity except to the extent of their pecuniary interest therein, if any.