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

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, 05:53 PM
Previous filing
Jun 21, 2022
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 +20.4K +52.32% $0.00 59.4K Jun 15, 2023 Direct F1
holding OLO Class A Common Stock 409K Jun 15, 2023 By Raine Associates II LP F2
holding OLO Class A Common Stock 6K Jun 15, 2023 By Family Member
* 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"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. The shares underlying the RSUs will fully vest on the earlier of (i) the one year anniversary of the grant date and (ii) the day immediately prior to the Issuer's next annual meeting of stockholders following the grant date, subject to the Reporting Person's continuous service with the Issuer as of such vesting date.
F2 Represents securities of the Issuer owned directly by Raine Associates II LP (the "LLC"). The Reporting Person disclaims beneficial ownership over the shares held by the LLC except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.