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

Role
10%+ Owner
Signature
/s/ John E. Herzog
Stock symbol
OLB
Transactions as of
Feb 11, 2022
Transactions value $
-$97,983
Form type
4
Date filed
2/15/2022, 05:29 PM
Previous filing
Feb 4, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLB Common Stock Sale -$83.4K -42.4K -1.94% $1.97 2.15M Feb 11, 2022 Direct
transaction OLB Common Stock Sale -$14.6K -7.65K -0.36% $1.91 2.14M Feb 14, 2022 Direct
holding OLB Common Stock 28.5K Feb 11, 2022 By John E. Herzog Revocable Trust u/a 02/07/2014 F1
holding OLB Common Stock 2.7K Feb 11, 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 3.61K Feb 11, 2022 Common Stock 401K $9.00 Direct F2
holding OLB Series A Warrants 803K Feb 11, 2022 Common Stock 803K $9.00 Direct
holding OLB Series B Warrants 201K Feb 11, 2022 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 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.