4//SEC Filing
Das Nithya B. 4
Accession 0000899243-22-029838
CIK 0001431695other
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 4:05 PM ET
Size
8.8 KB
Accession
0000899243-22-029838
Insider Transaction Report
Form 4
Olo Inc.OLO
Das Nithya B.
Chief Legal Officer and Secy
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2022-08-25−5,400→ 164,368 totalExercise: $2.74Exp: 2029-11-13→ Class B Common Stock (5,400 underlying) - Exercise/Conversion
Class B Common Stock
2022-08-25$2.74/sh+5,400$14,796→ 50,988 total→ Class A Common Stock (5,400 underlying)
Footnotes (2)
- [F1]One-fourth of the shares underlying the option vested and became exercisable on October 1, 2020; the remainder shall vest and become exercisable in 36 equal monthly installments on the 1st day of each calendar month beginning on November 1, 2020, subject to the Reporting Person's continued service with the Issuer through each such vesting date.
- [F2]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.
Documents
Issuer
Olo Inc.
CIK 0001431695
Entity typeother
Related Parties
1- filerCIK 0001844954
Filing Metadata
- Form type
- 4
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 4:05 PM ET
- Size
- 8.8 KB