Brandon Gardner - Mar 1, 2024 Form 4 Insider Report for Olo Inc. (OLO)

Signature
/s/ Jennifer C. Wong, Attorney-in-Fact
Stock symbol
OLO
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 04:33 PM
Previous filing
Jun 20, 2023
Next filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLO Class A Common Stock Award $0 +2.05K +3.46% $0.00 61.4K Mar 1, 2024 Direct F1
holding OLO Class A Common Stock 409K Mar 1, 2024 By Raine Associates II LP F2
holding OLO Class A Common Stock 6K Mar 1, 2024 By Family Member
* 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"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. The shares underlying the RSUs will fully vest on the earlier of (i) June 15, 2024 and (ii) the day immediately prior to the Issuer's 2024 annual meeting of stockholders, subject to the Reporting Person's continuous service with the Issuer as of such vesting date.
F2 Represents securities of the Issuer owned directly by Raine Associates II LP (the "LLC"). The Reporting Person disclaims beneficial ownership over the shares held by the LLC except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.