John E. Herzog - 16 Nov 2021 Form 4 Insider Report for OLB GROUP, INC. (OLB)

Role: 10%+ Owner
Signature: /s/ John E. Herzog
Issuer symbol: OLB
Transactions as of: 16 Nov 2021
Net transactions value: -$101,570
Form type: 4
Filing time: 14 Dec 2021, 20:06:33 UTC
Previous filing: 14 Dec 2021
Next filing: 16 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	Gift		-5,000	-0.24%		2,080,242	17 Nov 2021	Direct	F1
transaction	OLB	Common Stock	Gift		-5,000	-0.24%		2,075,242	17 Nov 2021	Direct	F2
transaction	OLB	Common Stock	Sale	$20,550	-5,000	-0.24%	$4.11	2,070,242	10 Dec 2021	Direct
transaction	OLB	Common Stock	Sale	$20,492	-4,998	-0.24%	$4.10	2,065,244	10 Dec 2021	Direct
transaction	OLB	Common Stock	Sale	$20,408	-5,002	-0.24%	$4.08	2,060,242	10 Dec 2021	Direct
transaction	OLB	Common Stock	Sale	$24,028	-5,977	-0.29%	$4.02	2,054,265	10 Dec 2021	Direct
transaction	OLB	Common Stock	Sale	$48.12	-12	-0%	$4.01	2,054,253	10 Dec 2021	Direct
transaction	OLB	Common Stock	Sale	$16,044	-4,011	-0.2%	$4.00	2,050,242	10 Dec 2021	Direct
holding	OLB	Common Stock						28,524	16 Nov 2021	By John E. Herzog Revocable Trust u/a 02/07/2014By John E. Herzog Revocable Trust u/a 02/07/2014	F3
holding	OLB	Common Stock						2,700	16 Nov 2021	Held in an Individual Retirement Account
holding	OLB	Common Stock						2,050,242	16 Nov 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	16 Nov 2021	Common Stock	401,333	$9.00	Direct	F4
holding	OLB	Series A Warrants						802,875	16 Nov 2021	Common Stock	802,875	$9.00	Direct
holding	OLB	Series B Warrants						200,719	16 Nov 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	Bona fide gift. No compensation was given to the donor for making this gift.
F2	Bona fide gift. No compensation was given to the donor for making this gift.
F3	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.
F4	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.