Linda Rottenberg - Oct 3, 2022 Form 4 Insider Report for Olo Inc. (OLO)

Role
Director
Signature
/s/ Jennifer C. Wong, Attorney-in-Fact
Stock symbol
OLO
Transactions as of
Oct 3, 2022
Transactions value $
$11,498
Form type
4
Date filed
10/5/2022, 04:05 PM
Previous filing
Jul 6, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLO Class A Common Stock Award $11.5K +1.51K +47.61% $7.64 4.67K Oct 3, 2022 Direct F1, F2
holding OLO Class A Common Stock 2K Oct 3, 2022 By: Spouse
* 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 ("RSUs") granted pursuant to the Issuer's Non-Employee Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Class A Common Stock of the Issuer. The shares underlying the RSUs vest immediately upon grant.
F2 The RSUs were granted in lieu of the $11,500 quarterly installment of the Reporting Person's annual cash retainer payment and are fully vested. The price reported in Column 4 is the Issuer's closing Class A Common Stock price on October 3, 2022 of $7.64.