Patrick G. Smith - 23 Dec 2022 Form 4 Insider Report for OLB GROUP, INC. (OLB)

Reporting relationship: Vice President
Issuer ticker: OLB
Reported as of: 23 Dec 2022
Net transaction value: +$258,500
SEC form: 4
Accepted by SEC: 27 Dec 2022, 18:24:21 UTC
Prior SEC filing: 22 Dec 2022
Next SEC filing: 03 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Patrick Smith

Key filing fact

Patrick G. Smith filed Form 4 for OLB GROUP, INC. (OLB) on 27 Dec 2022.

Key facts

This page summarizes Patrick G. Smith's Form 4 filing for OLB GROUP, INC. (OLB).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 27 Dec 2022, 18:24.

Change

Previous filing in this sequence was filed on 22 Dec 2022.
Current net transaction value: +$258,500.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OLB transaction Derivative

Options to Purchase Common Stock

Options Exercise

Transaction value: $258,500
Shares: +275,000
Change %: +104%
Price: $0.9400
Shares after: 540,172
Date: 23 Dec 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 275,000
Exercise price: $0.0100
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Right to buy pursuant to Company's Amended and Restated 2020 Stock Incentive Plan. 275,000 options vesting in three increments, 137,500 are vested as of the date of grant, 68,750 vest on January 1, 2023 and 68,750 vest on January 1, 2024.

Footnote F2

Reflects the closing price of the common stock on the Nasdaq Capital Markets on the date of grant.