John E. Herzog - 05 Jan 2023 Form 4 Insider Report for OLB GROUP, INC. (OLB)

Role: 10%+ Owner
Signature: /s/ John E. Herzog
Issuer symbol: OLB
Transactions as of: 05 Jan 2023
Net transactions value: +$16,297
Form type: 4
Filing time: 14 Feb 2023, 19:22:32 UTC
Previous filing: 14 Feb 2023
Next filing: 12 Jun 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	Purchase	$4,550	+5,000	+0.55%	$0.9100	912,516	05 Jan 2023	Direct	F1
transaction	OLB	Common Stock	Purchase	$6,642	+7,300	+0.8%	$0.9098	919,816	05 Jan 2023	Direct	F1
transaction	OLB	Common Stock	Purchase	$630	+700	+0.08%	$0.9000	920,516	05 Jan 2023	Direct	F1
transaction	OLB	Common Stock	Purchase	$4,475	+5,000	+0.54%	$0.8950	925,516	05 Jan 2023	Direct	F1
holding	OLB	Common Stock						10,000	05 Jan 2023	Held in an Individual Retirement Account
holding	OLB	Common Stock						109,224	05 Jan 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						802,875	05 Jan 2023	Common Stock	802,875	$9.00	Direct
holding	OLB	Series B Warrants						200,719	05 Jan 2023	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	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.

Content

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.

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.