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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-09-13 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 Explanation
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
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 Exercise Date 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
  1. 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.
  2. 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.
  3. 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.
  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.
  5. 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.
  6. 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.
  7. 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.