Peter J. Benevides - 11 Jan 2022 Form 4 Insider Report for Olo Inc. (OLO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Jan 2022, 16:56:32 UTC
Prior SEC filing
04 Jan 2022
Next SEC filing
21 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jennifer Wong, Attorney-in-Fact

Key filing fact

Peter J. Benevides filed Form 4 for Olo Inc. (OLO) on 13 Jan 2022.

Key facts

  • This page summarizes Peter J. Benevides's Form 4 filing for Olo Inc. (OLO).
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 13 Jan 2022, 16:56.

Change

  • Previous filing in this sequence was filed on 04 Jan 2022.
  • Current net transaction value: +$10,560.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OLO transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+66,000
Change %
+471%
Price
Shares after
80,000
Date
11 Jan 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OLO transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-66,000
Change %
-40%
Price
$0.000000
Shares after
97,969
Date
11 Jan 2022
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
66,000
Exercise price
$0.1600
Footnotes
F2
OLO transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$10,560
Shares
+66,000
Change %
Price
$0.1600*
Shares after
66,000
Date
11 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
66,000
Exercise price
Footnotes
F1
OLO transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-66,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
66,000
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

Immediately exercisable.

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