Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OLO | Class A Common Stock | Conversion of derivative security | +150K | +179.19% | 234K | Jun 2, 2023 | Direct | F1 |
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) | Options Exercise | $0 | -150K | -100% | $0.00* | 0 | Jun 2, 2023 | Class B Common Stock | 150K | $3.91 | Direct | F2 |
transaction | OLO | Class B Common Stock | Options Exercise | $587K | +150K | $3.91 | 150K | Jun 2, 2023 | Class A Common Stock | 150K | Direct | F1 | ||
transaction | OLO | Class B Common Stock | Conversion of derivative security | $0 | -150K | -100% | $0.00* | 0 | Jun 2, 2023 | Class A Common Stock | 150K | Direct | F1 |
Id | Content |
---|---|
F1 | Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and 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 | Immediately exercisable. |