Lee Kirkpatrick - Jun 15, 2023 Form 4 Insider Report for Olo Inc. (OLO)

Role
Director
Signature
/s/ Jennifer C. Wong, Attorney-in-Fact
Stock symbol
OLO
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 05:41 PM
Previous filing
Sep 1, 2021
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLO Class A Common Stock Award $0 +37.1K +927.05% $0.00 41.1K Jun 15, 2023 Direct F1
holding OLO Class A Common Stock 259K Jun 15, 2023 See Footnote F2
holding OLO Class A Common Stock 80K Jun 15, 2023 See Footnote 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. The RSUs will vest in three equal annual installments on each of June 15, 2024, June 15, 2025 and June 15, 2026, subject to the Reporting Person's continued service on each such vesting date.
F2 Represents shares held by the Kirkpatrick Family Trust d/t/d 9/2/1999, of which the Reporting Person and his spouse are the co-settlors and co-trustees. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3 Represents shares held by the Kirkpatrick Family Delaware Dynasty Trust d/t/d 10/20/2021, of which the Reporting Person is the investment advisor and designated representative, and Reporting Person's spouse is the grantor and trust protector. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.