| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OLO | Class A Common Stock | Conversion of derivative security | +95.8K | 95.8K | Sep 15, 2021 | Direct | F1 | |||
| transaction | OLO | Class A Common Stock | Sale | -$2.99M | -94K | -98.09% | $31.77 | 1.83K | Sep 15, 2021 | Direct | F2, F3 |
| transaction | OLO | Class A Common Stock | Sale | -$59.5K | -1.83K | -100% | $32.54 | 0 | Sep 15, 2021 | Direct | F2, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OLO | Class B Common Stock | Conversion of derivative security | $0 | -95.8K | -9.94% | $0.00 | 869K | Sep 15, 2021 | Class A Common Stock | 95.8K | Direct | F1 | |
| holding | OLO | Class B Common Stock | 3.6M | Sep 15, 2021 | Class A Common Stock | 3.6M | By Trust | F1, F5 |
| Id | Content |
|---|---|
| F1 | Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock, upon the following: (1) the sale or transfer of such share of Class B Common Stock; (2) the death of the Reporting Person; and (3) on the final conversion date, defined as the earlier of (a) the trading day immediately following the seventh anniversary of the Initial Public Offering, (b) the last trading day of the fiscal quarter immediately following the date upon which the then outstanding shares of Class B common stock first represent less than 10% of the aggregate number of the then outstanding shares of Class A common stock and Class B common stock, or (c) the date specified by a vote of the holders of a majority of the outstanding shares of Class B common stock, voting as a single class. |
| F2 | Shares sold pursuant to a Rule 10b5-1 trading plan. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.46 to $32.45 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (4). |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.46 to $32.64 inclusive. |
| F5 | These shares are held by the Glass Family Trust (the "Trust"). The Reporting Person is the Trustee and a beneficiary of the Trust. The Reporting Person disclaims beneficial ownership of the shares owned by the Trust except to the extent of his pecuniary interest therein, if any. |