Lambert Joanna G 4
4 · Olo Inc. · Filed Oct 3, 2024
Insider Transaction Report
Form 4
Olo Inc.OLO
Lambert Joanna G
Chief Operating Officer
Transactions
- Sale
Class A Common Stock
2024-10-02$4.80/sh−29,769$142,763→ 711,473 total - Award
Class A Common Stock
2024-10-01+149,596→ 741,242 total
Footnotes (3)
- [F1]These shares are represented by restricted stock units (the "RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. 96,263 RSUs will vest in equal quarterly installments over three years on each March 5, June 5, September 5 and December 5 of a given calendar year, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date. 53,333 RSUs vest immediately upon grant.
- [F2]Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.725 to $4.83, 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.