4//SEC Filing
Jones Russell N. 4
Accession 0000899243-22-029522
CIK 0001431695other
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 4:05 PM ET
Size
12.2 KB
Accession
0000899243-22-029522
Insider Transaction Report
Form 4
Olo Inc.OLO
Jones Russell N.
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2022-08-19−53,813→ 150,000 totalExercise: $3.91Exp: 2030-06-13→ Class B Common Stock (53,813 underlying) - Exercise/Conversion
Class B Common Stock
2022-08-19$3.91/sh+53,813$210,409→ 53,813 total→ Class A Common Stock (53,813 underlying) - Conversion
Class A Common Stock
2022-08-19+53,813→ 83,708 total - Conversion
Class B Common Stock
2022-08-19−53,813→ 0 total→ Class A Common Stock (53,813 underlying)
Footnotes (2)
- [F1]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.
- [F2]Immediately exercisable.
Documents
Issuer
Olo Inc.
CIK 0001431695
Entity typeother
Related Parties
1- filerCIK 0001845186
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 4:05 PM ET
- Size
- 12.2 KB