ON24 INC. — Director's Dealing 2021

Feb 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ON24 INC. (ONTF)
CIK: 0001110611
Period of Report: 2021-02-05

Reporting Person: Canaan Equity Aggregator LLC (10% Owner)
Reporting Person: CANAAN EXTEND FUND, L.P. (10% Owner)
Reporting Person: Canaan Extend Fund, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-05	Common Stock	C	762591	—	Acquired	762591	Direct
2021-02-05	Common Stock	C	5463677	—	Acquired	6226268	Direct
2021-02-05	Common Stock	S	466970	$50.00	Disposed	5759298	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-05	Class A-1 Preferred Stock	$	C	762591	Disposed		Common Stock (762591)	Direct
2021-02-05	Class A-2 Preferred Stock	$	C	5463677	Disposed		Common Stock (5463677)	Direct

Footnotes

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.