John E. Herzog - 11 Feb 2022 Form 4 Insider Report for OLB GROUP, INC. (OLB)

Role
10%+ Owner
Signature
/s/ John E. Herzog
Issuer symbol
OLB
Transactions as of
11 Feb 2022
Net transactions value
-$97,983
Form type
4
Filing time
15 Feb 2022, 17:29:55 UTC
Previous filing
04 Feb 2022
Next filing
14 Feb 2023
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 $83,376 -42,353 -1.9% $1.97 2,145,658 11 Feb 2022 Direct
transaction OLB Common Stock Sale $14,607 -7,647 -0.36% $1.91 2,138,011 14 Feb 2022 Direct
holding OLB Common Stock 28,524 11 Feb 2022 By John E. Herzog Revocable Trust u/a 02/07/2014 F1
holding OLB Common Stock 2,700 11 Feb 2022 Held in an Individual Retirement Account

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 11 Feb 2022 Common Stock 401,333 $9.00 Direct F2
holding OLB Series A Warrants 802,875 11 Feb 2022 Common Stock 802,875 $9.00 Direct
holding OLB Series B Warrants 200,719 11 Feb 2022 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 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.
F2 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.