4//SEC Filing
Washington Zuhairah Scott 4
Accession 0000950170-23-036503
CIK 0001431695other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 4:26 PM ET
Size
13.6 KB
Accession
0000950170-23-036503
Insider Transaction Report
Form 4
Olo Inc.OLO
Washington Zuhairah Scott
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2023-07-28$5.97/sh+2,250$13,433→ 2,250 total→ Class A Common Stock (2,250 underlying) - Conversion
Class A Common Stock
2023-07-28+2,250→ 32,998 total - Sale
Class A Common Stock
2023-07-28$7.60/sh−2,250$17,104→ 30,748 total - Conversion
Class B Common Stock
2023-07-28−2,250→ 0 total→ Class A Common Stock (2,250 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2023-07-28−2,250→ 201,563 totalExercise: $5.97Exp: 2030-11-29→ Class B Common Stock (2,250 underlying)
Footnotes (4)
- [F1]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 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]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2023.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.50 to $7.675, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the Issuer, any security holder of the Issuer, or the SEC staff upon request.
- [F4]Immediately exercisable.
Documents
Issuer
Olo Inc.
CIK 0001431695
Entity typeother
Related Parties
1- filerCIK 0001825595
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 4:26 PM ET
- Size
- 13.6 KB