Filing Details

Accession Number:
0001213900-23-011732
Form Type:
5
Zero Holdings:
No
Publication Time:
2023-02-14 20:08:07
Reporting Period:
2022-12-31
Accepted Time:
2023-02-14 20:08:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1314196 Olb Group Inc. OLB () 5
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1291393 E John Herzog 824 Harbor Road
Southport, CT 06890
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-11-28 2,582 $0.83 345,606 No 4 P Direct
Common Stock Acquisiton 2022-11-28 5,000 $0.82 5,000 No 4 P Indirect Held in an Individual Retirement Account
Common Stock Acquisiton 2022-11-28 2,200 $0.83 7,200 No 4 P Indirect Held in an Individual Retirement Account
Common Stock Acquisiton 2022-11-28 400 $0.83 7,600 No 4 P Indirect Held in an Individual Retirement Account
Common Stock Acquisiton 2022-11-28 2,400 $0.84 10,000 No 4 P Indirect Held in an Individual Retirement Account
Common Stock Acquisiton 2022-12-02 3,500 $0.87 349,106 No 4 P Direct
Common Stock Acquisiton 2022-12-02 11,000 $0.86 360,106 No 4 P Direct
Common Stock Acquisiton 2022-12-02 7,000 $0.86 367,106 No 4 P Direct
Common Stock Acquisiton 2022-12-06 2,500 $0.87 369,606 No 4 P Direct
Common Stock Acquisiton 2022-12-06 5,000 $0.84 374,606 No 4 P Direct
Common Stock Acquisiton 2022-12-12 5,000 $0.82 379,606 No 4 P Direct
Common Stock Acquisiton 2022-12-13 3,000 $0.89 382,606 No 4 P Direct
Common Stock Acquisiton 2022-12-14 504,910 $0.00 887,516 No 4 C Direct
Common Stock Acquisiton 2022-12-29 4,000 $0.89 386,606 No 4 P Direct
Common Stock Acquisiton 2022-12-29 2,920 $0.92 389,526 No 4 P Direct
Common Stock Acquisiton 2022-12-29 10,000 $0.92 399,526 No 4 P Direct
Common Stock Acquisiton 2022-12-29 80 $0.91 399,606 No 4 P Direct
Common Stock Acquisiton 2022-12-29 3,000 $0.96 402,606 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect Held in an Individual Retirement Account
No 4 P Indirect Held in an Individual Retirement Account
No 4 P Indirect Held in an Individual Retirement Account
No 4 P Indirect Held in an Individual Retirement Account
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 C Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Disposition 2022-12-14 3,612 $0.00 504,910 $9.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
Footnotes
  1. The purchases of the registrant's Common Stock reported herein and certain other purchases of the registrant's Common Stock reported on a Form 4 being filed by the Reporting Person on the date hereof were matchable under Section 16(b) of the Securities Exchange Act of 1934 against prior sales of the registrant's Common Stock owned directly or indirectly by the Reporting Person and previously reported on an amended Form 4 filed by the Reporting Person on the date hereof, to the extent of 110,000 shares. The Reporting Person has agreed to pay to the registrant $114,654.46, representing the full amount of profit realized in connection with the short-swing transactions.
  2. Represents the conversion of 3,612 shares of Series A Preferred Stock held of record by the Reporting Person into shares of Common Stock of the registrant.
  3. The Series A Preferred Stock was converted into shares of Common Stock of the registrant on December 14, 2022, at the option of the Reporting Person, at a rate determined by dividing (a) the stated value per share ($1,000) of the Series A Preferred Stock plus accrued and unpaid dividends thereon by (b) the conversion price thereof ($9.00 per share)