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

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, 04:31 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 +12.8K +16.65% $0.00 89.9K 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.