David A. Frankel - Jan 2, 2024 Form 4 Insider Report for Olo Inc. (OLO)

Role
Director, 10%+ Owner
Signature
/s/ Jennifer C. Wong, Attorney-in-Fact
Stock symbol
OLO
Transactions as of
Jan 2, 2024
Transactions value $
$8,496
Form type
4
Date filed
1/4/2024, 02:16 PM
Previous filing
Oct 4, 2023
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 $8.5K +1.53K +2.82% $5.56 55.7K Jan 2, 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.