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Filing Details

Accession Number:: 0001209191-21-022611
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-03-23 17:31:50
Reporting Period:: 2021-03-19

Accepted Time:: 2021-03-23 17:31:50
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1431695	Olo Inc.	OLO	Services-Business Services, Nec (7389)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1463932	Harris Daniel Meyer	C/O Union Square Hospitality Group 853 Broadway, 17Th Floor New York NY 10003		Yes	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	2021-03-19	13,050	$25.00	21,024	No	4	P	Direct
Class A Common Stock	Acquisiton	2021-03-19	6,000	$25.00	6,000	No	4	P	Indirect	By Child

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	By Child

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Series C Preferred Stock	Disposition	2021-03-19	1,307,708	$0.00	1,307,708	$0.00
Class B Common Stock	Series E Preferred Stock	Disposition	2021-03-19	25,245	$0.00	25,245	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2021-03-19	1,332,953	$0.00	1,332,953	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	No	4	C	Indirect
0	No	4	C	Indirect
1,393,082	No	4	C	Indirect

Footnotes

The Reporting Person disclaims beneficial ownership of these securities and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of these securities for purposes of Section 16 or for any other purpose.
The Series C and Series E Preferred Stock automatically converted into Class B Common Stock on a 1-for-1 basis upon the closing of the Issuer's initial public offering (the "IPO") without payment of consideration. The Series C and Series E Preferred Stock was convertible at any time at the holder's election and automatically upon the closing of the Issuer's IPO. The Series C and Series E Preferred Stock had no expiration date.
These shares are held by Hospitality Investment Partners ("HIP"). The Reporting Person is the Managing General Partner of HIP, and disclaims beneficial ownership of shares held by HIP except to the extent of his pecuniary interest therein.
Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into Class A Common Stock on a 1-for-1 basis and has no expiration date. On any transfer of shares of Class B Common Stock, each such transferred share will automatically convert into one share of Class A Common Stock, except for certain "Permitted Transfers" described in the Issuer's amended and restated certificate of incorporation.
Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock, upon the following: (1) the sale or transfer of such share of Class B Common Stock; (2) the death of a natural reporting person; and (3) on the final conversion date, defined as the earlier of (a) the first trading day falling nine months after the date on which the outstanding shares of Class B Common Stock represent less than 10% of the then outstanding Class A and Class B Common Stock; (b) the seventh anniversary of the effectiveness of the registration statement in connection with the Issuer's IPO; or (c) the date specified by a vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.