Home > Insider Trading > Filing (0001431695-21-000032)

Filing Details

Accession Number:: 0001431695-21-000032
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-09-16 18:29:51
Reporting Period:: 2021-09-13

Accepted Time:: 2021-09-16 18:29:51
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
1845551	Deanne Rhynard	C/O Olo Inc. One World Trade Center, 82Nd Floor New York NY 10007	Chief People Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2021-09-13	15,000	$0.00	15,000	No	4	C	Direct
Class A Common Stock	Disposition	2021-09-13	14,800	$33.44	200	No	4	S	Direct
Class A Common Stock	Disposition	2021-09-13	200	$34.25	0	No	4	S	Direct
Class A Common Stock	Acquisiton	2021-09-14	15,000	$0.00	15,000	No	4	C	Direct
Class A Common Stock	Disposition	2021-09-14	12,200	$33.00	2,800	No	4	S	Direct
Class A Common Stock	Disposition	2021-09-14	2,800	$33.88	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Stock Option (Right to Buy)	Disposition	2021-09-13	15,000	$0.00	15,000	$2.55
Class A Common Stock	Class B Common Stock	Acquisiton	2021-09-13	15,000	$2.55	15,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-09-13	15,000	$0.00	15,000	$0.00
Class B Common Stock	Stock Option (Right to Buy)	Disposition	2021-09-14	15,000	$0.00	15,000	$2.55
Class A Common Stock	Class B Common Stock	Acquisiton	2021-09-14	15,000	$2.55	15,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-09-14	15,000	$0.00	15,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
393,000	2028-12-04	No	4	M	Direct
15,000		No	4	M	Direct
0		No	4	C	Direct
378,000	2028-12-04	No	4	M	Direct
15,000		No	4	M	Direct
0		No	4	C	Direct

Footnotes

Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and has no expiration date. 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 the Reporting Person; and (3) on the final conversion date, defined as the earlier of (a) the trading day immediately following the seventh anniversary of the IPO, (b) the last trading day of the fiscal quarter immediately following the date upon which the then outstanding shares of Class B common stock first represent less than 10% of the aggregate number of the then outstanding shares of Class A common stock and Class B common stock, 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.
All transactions listed on this Form 4 were made by the Reporting Person pursuant to a trading plan adopted on May 18, 2021 that is intended to comply with the Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended.
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.95 to $33.87, inclusive. The reporting person undertakes to provide to Olo Inc., any security holder of Olo Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3), (4), (5) and (6) to this Form 4.
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.17 to $34.33, inclusive.
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.51 to $33.49, inclusive.
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.55 to $34.16, inclusive.
One-fourth of the shares underlying the option vested and became exercisable on December 5, 2019; the remainder shall vest and become exercisable in 36 equal monthly installments on the 5th day of each calendar month beginning on January 5, 2020, subject to the Reporting Person's continued service with the Issuer through each such vesting date.