Linda Rottenberg - 01 Oct 2021 Form 4 Insider Report for Olo Inc. (OLO)

Role
Director
Signature
/s/ Jennifer C. Wong, Attorney-in-Fact
Issuer symbol
OLO
Transactions as of
01 Oct 2021
Net transactions value
+$11,471
Form type
4
Filing time
05 Oct 2021, 16:43:47 UTC
Previous filing
03 Aug 2021
Next filing
05 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLO Class A Common Stock Award $11,471 +382 +124% $30.03 689 01 Oct 2021 Direct F1, F2
holding OLO Class A Common Stock 2,000 01 Oct 2021 By: Spouse
* 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 $11,500 quarterly installment of the Reporting Person's annual cash retainer payment and are fully vested. The price reported in Column 4 is the Issuer's closing Class A Common Stock price on September 30, 2021 of $30.03.