John E. Herzog - Jun 8, 2023 Form 4 Insider Report for OLB GROUP, INC. (OLB)

Role
10%+ Owner
Signature
/s/ John E.herzog
Stock symbol
OLB
Transactions as of
Jun 8, 2023
Transactions value $
$0
Form type
4
Date filed
6/12/2023, 05:46 PM
Previous filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OLB Common Stock 10K Jun 8, 2023 Held in an Individual Retirement Account
holding OLB Common Stock 109K Jun 8, 2023 By John E. Herzog Revocable Trust u/a/d 02/07/2014 F1
holding OLB Common Stock 926K Jun 8, 2023 Direct

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
transaction OLB Series A Warrants Gift $0 -803K -100% $0.00* 0 Jun 8, 2023 Common Stock 803K $9.00 Direct F2
transaction OLB Series B Warrants Gift $0 -201K -100% $0.00* 0 Jun 8, 2023 Common Stock 201K $4.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John E. Herzog is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 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.
F2 Represents a bona fide gift of 401,437 Series A Warrants and a bona fide gift of 401,438 Series A Warrants, each made by the Reporting Person on June 8, 2023.
F3 Represents a bona fide gift of 100,359 Series B Warrants and a bona fide gift of 100,360 Series B Warrants, each made by the Reporting Person on June 8, 2023.