4//SEC Filing
RRE Ventures GP IV, LLC 4
Accession 0001209191-21-022609
CIK 0001431695other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 5:29 PM ET
Size
23.3 KB
Accession
0001209191-21-022609
Insider Transaction Report
Form 4
Olo Inc.OLO
RRE Ventures IV, L.P.
10% Owner
Transactions
- Conversion
Series A-1 Preferred Stock
2021-03-19−1,360,153→ 0 total→ Class B Common Stock (13,601,530 underlying) - Conversion
Series B Preferred Stock
2021-03-19−354,943→ 0 total→ Class B Common Stock (354,943 underlying) - Conversion
Series E Preferred Stock
2021-03-19−383,622→ 0 total(indirect: See Footnote)→ Class B Common Stock (383,622 underlying) - Conversion
Series C Preferred Stock
2021-03-19−1,996,276→ 0 total→ Class B Common Stock (1,996,276 underlying) - Conversion
Class B Common Stock
2021-03-19+15,952,749→ 15,952,749 total→ Class A Common Stock (15,952,749 underlying) - Conversion
Class B Common Stock
2021-03-19+383,622→ 692,665 total(indirect: See Footnote)→ Class A Common Stock (383,622 underlying)
Holdings
- 330,344(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock (330,344 underlying)
RRE Ventures GP IV, LLC
10% Owner
Transactions
- Conversion
Series A-1 Preferred Stock
2021-03-19−1,360,153→ 0 total→ Class B Common Stock (13,601,530 underlying) - Conversion
Series B Preferred Stock
2021-03-19−354,943→ 0 total→ Class B Common Stock (354,943 underlying) - Conversion
Series C Preferred Stock
2021-03-19−1,996,276→ 0 total→ Class B Common Stock (1,996,276 underlying) - Conversion
Series E Preferred Stock
2021-03-19−383,622→ 0 total(indirect: See Footnote)→ Class B Common Stock (383,622 underlying) - Conversion
Class B Common Stock
2021-03-19+15,952,749→ 15,952,749 total→ Class A Common Stock (15,952,749 underlying) - Conversion
Class B Common Stock
2021-03-19+383,622→ 692,665 total(indirect: See Footnote)→ Class A Common Stock (383,622 underlying)
Holdings
- 330,344(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock (330,344 underlying)
Footnotes (6)
- [F1]The Series A-1 Preferred Stock automatically converted into Class B Common Stock on a 1-for-10 basis upon the closing of the Issuer's initial public offering (the "IPO") without payment of consideration. The Series B, Series C and Series E Preferred Stock automatically converted into Class B Common Stock on a 1-for-1 basis upon the closing of the IPO without payment of consideration. The Series A-1, Series B, Series C and Series E Preferred Stock had no expiration date.
- [F2]These shares are held by RRE Ventures IV, L.P. ("Ventures IV"). The general partner of Ventures IV is RRE Ventures GP IV, LLC ("GP IV"). The managing members and officers of GP IV are James D. Robinson IV, Stuart J. Ellman, and William D. Porteous. Each of GP IV and Messrs. Robinson IV, Ellman, and Porteous disclaim beneficial ownership of the securities reported on this Form 3, except to the extent of its or his pecuniary interest therein, if any.
- [F3]These shares are held by RRE Leaders II, L.P. ("Leaders II"). The general partner of Leaders II is RRE Leaders GP II, LLC and its managing members and officers are James D. Robinson IV, Stuart J. Ellman, and William D. Porteous. Each of Leaders II and Messrs. Robinson IV, Ellman, and Porteous disclaim beneficial ownership of the securities reported on this Form 3, except to the extents of its or his pecuniary interest therein, if any.
- [F4]Each share of Class B Common Stock will be convertible at any time at the option of the Reporting Person into Class A Common Stock on a 1-for-1 basis and has no expiration date. On any transfer of shares of Class B Common Stock, each such transferred share will automatically convert into one share of Class A Common Stock, except for certain "Permitted Transfers" described in the Issuer's amended and restated certificate of incorporation.
- [F5]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; and (2) 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.
- [F6]These shares are held by RRE Advisors LLC ("Advisors"). The managers and owners of Advisors are each of James D. Robinson IV and Stuart J. Ellman.
Documents
Issuer
Olo Inc.
CIK 0001431695
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001569701
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 5:29 PM ET
- Size
- 23.3 KB