Filing Details
- Accession Number:
- 0001209191-21-063760
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-11-09 20:02:04
- Reporting Period:
- 2021-11-05
- Accepted Time:
- 2021-11-09 20:02:04
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2021-11-05 | 25,000 | $0.00 | 25,000 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-11-05 | 25,000 | $27.76 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2021-11-08 | 25,000 | $0.00 | 25,000 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-11-08 | 19,200 | $30.04 | 5,800 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-11-08 | 5,800 | $30.60 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Stock Option (Right to Buy) | Disposition | 2021-11-05 | 25,000 | $0.00 | 25,000 | $2.55 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-11-05 | 25,000 | $2.55 | 25,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-11-05 | 25,000 | $0.00 | 25,000 | $0.00 |
| Class B Common Stock | Stock Option (Right to Buy) | Disposition | 2021-11-08 | 25,000 | $0.00 | 25,000 | $2.55 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-11-08 | 25,000 | $2.55 | 25,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-11-08 | 25,000 | $0.00 | 25,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 263,000 | 2028-12-04 | No | 4 | M | Direct | |
| 25,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct | ||
| 238,000 | 2028-12-04 | No | 4 | M | Direct | |
| 25,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct |
Footnotes
- 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 Initial Public Offering, (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.
- Shares sold pursuant to a Rule 10b5-1 trading plan.
- The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.35 to $28.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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), and (5) to this Form 4.
- The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $29.37 to $30.36, inclusive.
- The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.38 to $30.91, 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.
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