Peter J. Benevides - Jan 19, 2022 Form 4 Insider Report for Olo Inc. (OLO)

Role: Chief Financial Officer
Signature: /s/ Jennifer Wong, Attorney-in-Fact
Stock symbol: OLO
Transactions as of: Jan 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/21/2022, 06:13 PM
Previous filing: Jan 13, 2022
Next filing: Mar 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OLO	Class A Common Stock	Award	$0	+76.4K	+95.54%	$0.00	156K	Jan 19, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OLO	Stock Option (Right to Buy)	Award	$0	+153K		$0.00	153K	Jan 19, 2022	Class A Common Stock	153K	$15.75	Direct	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 (the "RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. The RSUs will vest in equal quarterly installments over four years on each March 5, June 5, September 5 and December 5 of a given calendar year, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.
F2	These options shall vest and become exercisable in a series of forty-eight (48) successive equal monthly installments beginning on February 19, 2022, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.

Content

These shares are represented by restricted stock units (the "RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. The RSUs will vest in equal quarterly installments over four years on each March 5, June 5, September 5 and December 5 of a given calendar year, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.

These options shall vest and become exercisable in a series of forty-eight (48) successive equal monthly installments beginning on February 19, 2022, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.