John E. Herzog - Jan 5, 2023 Form 4 Insider Report for OLB GROUP, INC. (OLB)

Role
10%+ Owner
Signature
/s/ John E. Herzog
Stock symbol
OLB
Transactions as of
Jan 5, 2023
Transactions value $
$16,297
Form type
4
Date filed
2/14/2023, 07:22 PM
Previous filing
Feb 14, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLB Common Stock Purchase $4.55K +5K +0.55% $0.91 913K Jan 5, 2023 Direct F1
transaction OLB Common Stock Purchase $6.64K +7.3K +0.8% $0.91 920K Jan 5, 2023 Direct F1
transaction OLB Common Stock Purchase $630 +700 +0.08% $0.90 921K Jan 5, 2023 Direct F1
transaction OLB Common Stock Purchase $4.48K +5K +0.54% $0.90 926K Jan 5, 2023 Direct F1
holding OLB Common Stock 10K Jan 5, 2023 Held in an Individual Retirement Account
holding OLB Common Stock 109K Jan 5, 2023 By John E. Herzog Revocable Trust u/a/d 02/07/2014 F2

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 Warrants 803K Jan 5, 2023 Common Stock 803K $9.00 Direct
holding OLB Series B Warrants 201K Jan 5, 2023 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 The purchases of the registrant's Common Stock reported herein and certain other purchases of the registrant's Common Stock reported on a Form 5 being filed by the Reporting Person on the date hereof were matchable under Section 16(b) of the Securities Exchange Act of 1934 against prior sales of the registrant's Common Stock owned directly or indirectly by the Reporting Person and reported on an amended Form 4 filed by the Reporting Person on the date hereof, to the extent of 110,000 shares. The Reporting Person has agreed to pay to the registrant $114,654.46, representing the full amount of profit realized in connection with the short-swing transactions.
F2 These securities are held of record by The John E. Herzog Revocable Trust U/A/D 02/07/2014, of which the Reporting Person serves as a trustee.