4//SEC Filing
Raqtinda Investments LLC 4
Accession 0001209191-21-022620
CIK 0001431695other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 5:43 PM ET
Size
16.3 KB
Accession
0001209191-21-022620
Insider Transaction Report
Form 4
Olo Inc.OLO
Raqtinda Investments LLC
10% Owner
Transactions
- Conversion
Series A-1 Preferred Stock
2021-03-19−563,669→ 0 total→ Class B Common Stock (5,636,690 underlying) - Conversion
Series A Preferred Stock
2021-03-19−696,235→ 0 total→ Class B Common Stock (6,962,350 underlying) - Conversion
Series B Preferred Stock
2021-03-19−505,614→ 0 total→ Class B Common Stock (505,614 underlying) - Conversion
Class B Common Stock
2021-03-19+13,104,654→ 13,157,966 total→ Class A Common Stock (13,104,654 underlying)
Rosenberg Peter
10% Owner
Transactions
- Conversion
Series A-1 Preferred Stock
2021-03-19−563,669→ 0 total→ Class B Common Stock (5,636,690 underlying) - Conversion
Series A Preferred Stock
2021-03-19−696,235→ 0 total→ Class B Common Stock (6,962,350 underlying) - Conversion
Series B Preferred Stock
2021-03-19−505,614→ 0 total→ Class B Common Stock (505,614 underlying) - Conversion
Class B Common Stock
2021-03-19+13,104,654→ 13,157,966 total→ Class A Common Stock (13,104,654 underlying)
Footnotes (4)
- [F1]The Series A Preferred Stock and 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 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, Series A-1 and Series B Preferred Stock had no expiration date.
- [F2]These shares are held by Raqtinda Investments LLC (the "LLC"). Each of Peter Rosenberg and David Frankel, a member of the Issuer's Board of Directors, are managers of the LLC and, as such, share voting and dispositive power with respect to the shares held by the LLC. Mr. Rosenberg disclaims beneficial ownership of the shares held by the LLC except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Rosenberg is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F3]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.
- [F4]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.
Documents
Issuer
Olo Inc.
CIK 0001431695
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001845658
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 5:43 PM ET
- Size
- 16.3 KB