David A. Frankel - 02 Jan 2024 Form 4 Insider Report for Olo Inc. (OLO)

Role
Director, 10%+ Owner
Signature
/s/ Jennifer C. Wong, Attorney-in-Fact
Issuer symbol
OLO
Transactions as of
02 Jan 2024
Net transactions value
+$8,496
Form type
4
Filing time
04 Jan 2024, 14:16:03 UTC
Previous filing
04 Oct 2023
Next filing
05 Mar 2024
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 $8,496 +1,528 +2.8% $5.56 55,745 02 Jan 2024 Direct F1, F2
* 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 $8,500 quarterly installment of the Reporting Person's annual cash retainer payment and are fully vested.