4//SEC Filing
Rhynard Deanne 4
Accession 0001209191-21-067332
CIK 0001431695other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 6:41 PM ET
Size
24.8 KB
Accession
0001209191-21-067332
Insider Transaction Report
Form 4
Olo Inc.OLO
Rhynard Deanne
Chief People Officer
Transactions
- Conversion
Class A Common Stock
2021-11-29+5,000→ 5,000 total - Conversion
Class A Common Stock
2021-11-30+900→ 900 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-11-30−900→ 232,100 totalExercise: $2.55Exp: 2028-12-04→ Class B Common Stock (900 underlying) - Conversion
Class B Common Stock
2021-11-30−900→ 0 total→ Class A Common Stock (900 underlying) - Sale
Class A Common Stock
2021-11-29$25.27/sh−5,000$126,350→ 0 total - Sale
Class A Common Stock
2021-11-30$25.43/sh−900$22,887→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-11-29−5,000→ 233,000 totalExercise: $2.55Exp: 2028-12-04→ Class B Common Stock (5,000 underlying) - Exercise/Conversion
Class B Common Stock
2021-11-29$2.55/sh+5,000$12,750→ 5,000 total→ Class A Common Stock (5,000 underlying) - Conversion
Class B Common Stock
2021-11-29−5,000→ 0 total→ Class A Common Stock (5,000 underlying) - Exercise/Conversion
Class B Common Stock
2021-11-30$2.55/sh+900$2,295→ 900 total→ Class A Common Stock (900 underlying)
Footnotes (5)
- [F1]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.
- [F2]Shares sold pursuant to a Rule 10b5-1 trading plan.
- [F3]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.00 to $25.465, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (4) to this Form 4.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.24 to $25.63, inclusive.
- [F5]One-fourth of the shares underlying the option vested and became exercisable on December 5, 2019; the remainder shall vest and become exercisable in 36 equal monthly installments on the 5th day of each calendar month beginning on January 5, 2020, subject to the Reporting Person's continued service with the Issuer through each such vesting date.
Documents
Issuer
Olo Inc.
CIK 0001431695
Entity typeother
Related Parties
1- filerCIK 0001845551
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 6:41 PM ET
- Size
- 24.8 KB