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

Role
10%+ Owner
Signature
/s/ John E Herzog
Stock symbol
OLB
Transactions as of
Aug 11, 2020
Transactions value $
-$74,343
Form type
4
Date filed
8/30/2021, 08:18 PM
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 -$16.5K -3.33K -21.16% $4.95 12.4K May 27, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$41.8K -7.89K -63.53% $5.30 4.53K May 28, 2021 By Herzog & Co., LLC F1
transaction OLB Common Stock Sale -$16K -4.53K -100% $3.54 0 Aug 26, 2021 By Herzog & Co., LLC F1
holding OLB Common Stock 28.5K Aug 11, 2020 By John E. Herzog Revocable Trust u/a 02/07/2014By 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
holding OLB Series B Warrants 201K Aug 11, 2020 Common Stock 201K $4.50 Direct
* 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.