Diego Panama - Feb 27, 2024 Form 4 Insider Report for Olo Inc. (OLO)

Role: Chief Revenue Officer
Signature: /s/ Jennifer C. Wong, Attorney-in-Fact
Stock symbol: OLO
Transactions as of: Feb 27, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/29/2024, 04:30 PM
Previous filing: Dec 8, 2023
Next filing: Mar 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OLO	Class A Common Stock	Award	$0	+64.2K	+11.03%	$0.00	646K	Feb 27, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares underlying performance-based restricted stock units ("PSUs") granted on February 24, 2023. Following the Compensation Committee's certification on February 27, 2024 of the applicable financial performance results for the fiscal year ended December 31, 2023, 31.25% of these PSUs will vest on March 5, 2024 and the remaining PSUs will vest in eleven equal quarterly installments over the next three years, subject to the Reporting Person's continued services with the Issuer on each such vesting date. The PSUs were awarded under the Issuer's 2021 Equity Incentive Plan.

Content

Represents shares underlying performance-based restricted stock units ("PSUs") granted on February 24, 2023. Following the Compensation Committee's certification on February 27, 2024 of the applicable financial performance results for the fiscal year ended December 31, 2023, 31.25% of these PSUs will vest on March 5, 2024 and the remaining PSUs will vest in eleven equal quarterly installments over the next three years, subject to the Reporting Person's continued services with the Issuer on each such vesting date. The PSUs were awarded under the Issuer's 2021 Equity Incentive Plan.