Sec Form 13G Filing - Shea Thomas Anthony filing for OneStream Inc. (OS) - 2024-11-12

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No._)*

OneStream, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

68278B107

(CUSIP Number)

September 30, 2024

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

 Rule 13d-1(b)

 

 Rule 13d-1(c)

 

 Rule 13d-1(d)

 

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

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1.	Names of Reporting Persons   Thomas Anthony Shea
2.	Check the Appropriate Box if a Member of a Group (See Instructions)   (a) (b) ☒
3.	SEC Use Only
4.	Citizenship or Place of Organization   United States of America
Number of Shares  Beneficially Owned By Each Reporting Person With	5.	Sole Voting Power   4,600,452 (1), (3)
	6.	Shared Voting Power   12,616,541 (2), (3)
	7.	Sole Dispositive Power   4,600,452 (1), (3)
	8.	Shared Dispositive Power   12,616,541 (2), (3)
9.	Aggregate Amount Beneficially Owned by Each Reporting Person   17,216,993 (1), (2), (3)
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)   
11.	Percent of Class Represented by Amount in Row 9   37.8% (4)
12.	Type of Reporting Person (See Instructions)   IN

 

(1) Consists of (i) 325,232 shares of Class D common stock, par value $0.0001 per share (“Class D Common Stock”), held by TSICU Corp., of which Mr. S hea is the sole owner and maintains control, issuable upon redemption or exchange of Common Units of OneStream Software LLC (“Common Units”), together with the cancellation of an equal number of shares of Class C common stock, par value $0.0001 per share (“Class C Common Stock”); (ii) 3,553,463 shares of Class D Common Stock held of record by Mr. Shea; and (iii) 721,757 shares of Class A common stock, par value $0.0001 per share (“Class A Common Stock”) subject to options that are vested and exercisable within 60 days of September 30, 2024.

 

(2) Consists of (i) 7,525,803 shares of Class D Common Stock held by the Shea Family Trust dated December 25, 2019, of which Mr. Shea’s spouse serves as co-trustee; and (ii) 5,090,738 shares of Class D Common Stock held by the Thomas A. Shea 2020 Annuity Trust dated December 23, 2020, of which Mr. Shea’s spouse serves as trustee.

 

(3) Assumes conversion of Class D Common Stock beneficially owned by Mr. Shea, including those shares issuable upon redemption or exchange of Common Units, into Class A Common Stock. Each share of Class D Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class D Common Stock will convert automatically 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), provided that, with respect to Mr. Shea and his

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permitted transferees, conversion would be deferred for nine months following any such event, and (iii) the first trading day following the seventh anniversary of the Issuer’s initial public offering.

 

(4) Based on the quotient obtained by dividing (a) the aggregate amount beneficially owned by Mr. Shea as set forth in Row 9 by (b) the sum of (i) 28,301,729 shares of Class A Common Stock outstanding as of October 31, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, filed with the Securities and Exchange Commission on November 7, 2024 (the “Form 10-Q”); (ii) 325,232 shares of Class D Common Stock issuable upon redemption or exchange of the Common Units; (iii) 16,170,004 shares of Class D Common Stock beneficially owned by Mr. Shea; and (iv) 721,757 shares of Class A Common Stock subject to options that are vested and exercisable within 60 days of September 30, 2024. The aggregate number of shares of Class D Common Stock beneficially owned by Mr. Shea, including those issuable upon redemption or exchange of Common Units, as set forth in clauses (ii) and (iii) of this footnote are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of Mr. Shea.

 

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Item 1(a). Name of Issuer:

OneStream, Inc.

Item 1(b). Address of Issuer’s Principal Executive Offices:

191 N. Chester Street

Birmingham, Michigan 48009

Item 2(a). Name of Person Filing:

This statement is filed by Thomas Anthony Shea, also referred to herein as the “Reporting Person.”

Item 2(b). Address of Principal Business Office or, if None, Residence:

c/o OneStream, Inc.

191 N. Chester Street

Birmingham, Michigan 48009

Item 2(c). Citizenship:

See response to Item 4 on the cover page.

Item 2(d). Title of Class of Securities:

Class A common stock, $0.0001 par value per share

Item 2(e). CUSIP Number:

68278B107

Item 3. If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

Not Applicable.

Item 4. Ownership.

See response to Item 9 on the cover page hereto.

See response to Item 11 on the cover page hereto.

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See response to Item 5 on the cover page hereto.

See response to Item 6 on the cover page hereto.

See response to Item 7 on the cover page hereto.

See response to Item 8 on the cover page hereto.

Item 5. Ownership of Five Percent or Less of a Class.

Not applicable.

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

Item 8. Identification and Classification of Members of the Group.

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

Item 10. Certifications.

Not applicable.

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SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: November 12, 2024

 

/s/ Thomas Anthony Shea

Name: Thomas Anthony Shea

 

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