John E. Herzog - 27 May 2021 Form 4/A - Amendment Insider Report for OLB GROUP, INC. (OLB)

Role: 10%+ Owner
Signature: /s/ John E. Herzog
Issuer symbol: OLB
Transactions as of: 27 May 2021
Net transactions value: -$74,343
Form type: 4/A - Amendment
Filing time: 14 Dec 2021, 20:05:58 UTC
Date Of Original Report: 30 Aug 2021
Previous filing: 03 Mar 2023
Next filing: 14 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OLB	Common Stock	Sale	$16,498	-3,333	-21%	$4.95	12,418	27 May 2021	By Herzog & Co., LLC	F1
transaction	OLB	Common Stock	Sale	$41,812	-7,889	-64%	$5.30	4,529	28 May 2021	By Herzog & Co., LLC	F1
transaction	OLB	Common Stock	Sale	$16,033	-4,529	-100%	$3.54	0	26 Aug 2021	By Herzog & Co., LLC	F1
holding	OLB	Common Stock						28,524	27 May 2021	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						2,700	27 May 2021	Held in an Individual Retirement Account
holding	OLB	Common Stock						2,085,242	27 May 2021	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						3,612	27 May 2021	Common Stock	401,333	$9.00	Direct	F3
holding	OLB	Series A Warrants						802,875	27 May 2021	Common Stock	802,875	$9.00	Direct
holding	OLB	Series B Warrants						200,719	27 May 2021	Common Stock	200,719	$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.