John E. Herzog - Aug 11, 2020 Form 4/A - Amendment Insider Report for OLB GROUP, INC. (OLB)

Role
10%+ Owner
Signature
/s/ John Herzog
Stock symbol
OLB
Transactions as of
Aug 11, 2020
Transactions value $
-$65,991
Form type
4/A - Amendment
Date filed
5/26/2021, 05:08 PM
Date Of Original Report
May 25, 2021
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLB Common Stock Sale -$3.7K -744 -1.71% $4.97 42.8K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$4.66K -933 -2.18% $4.99 41.9K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$500 -100 -0.24% $5.00 41.8K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$501 -100 -0.24% $5.01 41.7K May 12, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$8.88K -1.73K -4.14% $5.15 39.9K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$13.6K -2.73K -6.83% $4.98 37.2K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$5.57K -1.1K -2.96% $5.06 36.1K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$11.3K -2.23K -6.18% $5.07 33.9K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$3.38K -672 -1.98% $5.03 33.2K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$13.4K -2.62K -7.89% $5.10 30.6K May 21, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$532 -104 -0.34% $5.12 30.5K May 21, 2021 By Herzog & Co., LLC F1
holding OLB Common Stock 28.5K Aug 11, 2020 By John E. Herzog Revocable Trust u/a 02/07/2014 F2
holding OLB Common Stock 2.7K Aug 11, 2020 Held in an Individual Retirement Account
holding OLB Common Stock 2.09M Aug 11, 2020 Direct

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
holding OLB Series A Convertible Preferred Stock 3.61K Aug 11, 2020 Common Stock 401K $9.00 Direct F3
holding OLB Series A Warrants 803K Aug 11, 2020 Common Stock 803K $9.00 Direct F2
holding OLB Series B Warrants 201K Aug 11, 2020 Common Stock 201K $4.50 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 held by Herzog & Co., LLC. The Reporting Person has sole voting and dispositive power with regard to the shares held by Herzog & Co., LLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest herein, if any.
F2 These shares are held by John E Herzog, Trustee, John E. Herzog Revocable Trust U/A/D 02/07/2014. The Reporting Person serves as a trustee of the John E. Herzog Revocable Trust U/A/D 02/07/2014.
F3 The Series A Preferred Stock are convertible into shares of Common Stock of the registrant, at the option of the reporting person, on or after the date on which certain of the registrant's long term indebtedness is repaid in full and there is no further outstanding obligations regarding such indebtedness.

Remarks:

The original Form 4, filed on May 25, 2021, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares of the Issuer's common stock underlying the shares of Series A Preferred Stock of the Issuer held by the Reporting Person as a total of 3,612 shares sold when in fact the number of underlying shares of the Issuer's common stock is 401,333. No other corrections to the original Form 4 are necessary.