James D. Robinson IV - 03 Jan 2022 Form 4 Insider Report for Olo Inc. (OLO)

Signature
/s/ William Porteous, attorney in fact for James D. Robinson IV
Issuer symbol
OLO
Transactions as of
03 Jan 2022
Net transactions value
+$8,993
Form type
4
Filing time
05 Jan 2022, 15:45:51 UTC
Previous filing
10 Dec 2021
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLO Class A Common Stock Award $8,993 +424 +0.07% $21.21 579,032 03 Jan 2022 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 $9,000 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 January 3,2022 of $21.21.