Diego Panama - Jul 5, 2022 Form 4 Insider Report for Olo Inc. (OLO)

Role
Chief Revenue Officer
Signature
/s/ Jennifer Wong, Attorney-in-Fact
Stock symbol
OLO
Transactions as of
Jul 5, 2022
Transactions value $
$0
Form type
4
Date filed
7/7/2022, 04:15 PM
Previous filing
Feb 23, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLO Class A Common Stock Award $0 +362K +48216% $0.00 362K Jul 5, 2022 Direct F1
transaction OLO Class A Common Stock Award $0 +145K +39.92% $0.00 507K Jul 5, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OLO Stock Option (Right to Buy) Award $0 +241K $0.00 241K Jul 5, 2022 Class A Common Stock 241K $11.07 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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. One-quarter (1/4) of the RSUs will vest on September 5, 2023, with the remaining RSUs vesting in twelve (12) equal quarterly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
F2 These shares are represented by RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. One-third (1/3) of the RSUs will vest on the first day of the first open trading window to occur following the six-month anniversary of the grant date, with the remaining RSUs vesting on the first day of the first open trading window to occur following the one-year anniversary of the grant date, subject to the Reporting Person's continued service on each such vesting date.
F3 One-quarter (1/4) of the options shall vest and become exercisable one-year following the grant date; the remainder shall vest and become exercisable in a series of thirty-six (36) successive equal monthly installments measured from the first anniversary of the grant date, subject to the Reporting Person's continued service on each such vesting date.