David A. Frankel - 01 Apr 2024 Form 4 Insider Report for Olo Inc. (OLO)

Signature
/s/ Jennifer C. Wong, Attorney-in-Fact
Issuer symbol
OLO
Transactions as of
01 Apr 2024
Net transactions value
+$8,498
Form type
4
Filing time
03 Apr 2024, 16:30:57 UTC
Previous filing
05 Mar 2024
Next filing
24 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLO Class A Common Stock Award $8,498 +1,504 +2.6% $5.65 59,302 01 Apr 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.