Joanna G. Lambert - 01 Aug 2023 Form 4 Insider Report for Olo Inc. (OLO)

Role: Chief Operating Officer
Signature: /s/ Jennifer C. Wong, Attorney-in-Fact
Issuer symbol: OLO
Transactions as of: 01 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Aug 2023, 16:28:04 UTC
Previous filing: 06 Jul 2023
Next filing: 08 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OLO	Class A Common Stock	Award	$0	+679,850		$0.000000	679,850	01 Aug 2023	Direct	F1

* 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. 61,804 RSUs will vest in equal quarterly installments over one year, commencing on the first to occur of March 5, June 5, September 5 and December 5 of a given calendar year (each a "Quarterly Vest Date"), subject to the Reporting Person's continuous service with the Issuer as of each such vesting date. 618,046 RSUs will vest 25% on the first Quarterly Vest Date that occurs following August 1, 2024, with 6.25% of the RSUs vesting on each Quarterly Vest Date thereafter, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.

Content

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. 61,804 RSUs will vest in equal quarterly installments over one year, commencing on the first to occur of March 5, June 5, September 5 and December 5 of a given calendar year (each a "Quarterly Vest Date"), subject to the Reporting Person's continuous service with the Issuer as of each such vesting date. 618,046 RSUs will vest 25% on the first Quarterly Vest Date that occurs following August 1, 2024, with 6.25% of the RSUs vesting on each Quarterly Vest Date thereafter, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.