| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OLO | Class A Common Stock | Conversion of derivative security | $0 | +20.9K | $0.00 | 20.9K | Sep 13, 2021 | Direct | F1 | |
| transaction | OLO | Class A Common Stock | Sale | -$689K | -20.6K | -98.56% | $33.44 | 301 | Sep 13, 2021 | Direct | F2, F3 |
| transaction | OLO | Class A Common Stock | Sale | -$10.3K | -301 | -100% | $34.33* | 0 | Sep 13, 2021 | Direct | F2, F4 |
| transaction | OLO | Class A Common Stock | Conversion of derivative security | $0 | +20.9K | $0.00 | 20.9K | Sep 14, 2021 | Direct | F1 | |
| transaction | OLO | Class A Common Stock | Sale | -$554K | -16.8K | -80.38% | $32.99 | 4.1K | Sep 14, 2021 | Direct | F2, F5 |
| transaction | OLO | Class A Common Stock | Sale | -$139K | -4.1K | -100% | $33.86 | 0 | Sep 14, 2021 | Direct | F2, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OLO | Stock Option (Right to Buy) | Options Exercise | $0 | -20.9K | -7.56% | $0.00 | 256K | Sep 13, 2021 | Class B Common Stock | 20.9K | $2.74 | Direct | F1, F2, F7 |
| transaction | OLO | Class B Common Stock | Options Exercise | $57.3K | +20.9K | $2.74 | 20.9K | Sep 13, 2021 | Class A Common Stock | 20.9K | Direct | F1 | ||
| transaction | OLO | Class B Common Stock | Conversion of derivative security | $0 | -20.9K | -100% | $0.00* | 0 | Sep 13, 2021 | Class A Common Stock | 20.9K | Direct | F1 | |
| transaction | OLO | Stock Option (Right to Buy) | Options Exercise | $0 | -20.9K | -8.18% | $0.00 | 235K | Sep 14, 2021 | Class B Common Stock | 20.9K | $2.74 | Direct | F1, F2, F7 |
| transaction | OLO | Class B Common Stock | Options Exercise | $57.3K | +20.9K | $2.74 | 20.9K | Sep 14, 2021 | Class A Common Stock | 20.9K | Direct | F1 | ||
| transaction | OLO | Class B Common Stock | Conversion of derivative security | $0 | -20.9K | -100% | $0.00* | 0 | Sep 14, 2021 | Class A Common Stock | 20.9K | Direct | F1 |
| Id | Content |
|---|---|
| F1 | Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock, upon the following: (1) the sale or transfer of such share of Class B Common Stock; (2) the death of the Reporting Person; and (3) on the final conversion date, defined as the earlier of (a) the trading day immediately following the seventh anniversary of the IPO, (b) the last trading day of the fiscal quarter immediately following the date upon which the then outstanding shares of Class B common stock first represent less than 10% of the aggregate number of the then outstanding shares of Class A common stock and Class B common stock, or (c) the date specified by a vote of the holders of a majority of the outstanding shares of Class B common stock, voting as a single class. |
| F2 | All transactions listed on this Form 4 were made by the Reporting Person pursuant to a trading plan adopted on May 28, 2021 that is intended to comply with the Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. |
| F3 | The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.90 to $33.89, inclusive. The reporting person undertakes to provide to Olo Inc., any security holder of Olo Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3), (4), (5) and (6) to this Form 4. |
| F4 | The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.92 to $34.34, inclusive. |
| F5 | The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.48 to $33.47, inclusive. |
| F6 | The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.50 to $34.35, inclusive. |
| F7 | One-fourth of the shares underlying the option vested and became exercisable on October 1, 2020; the remainder shall vest and become exercisable in 36 equal monthly installments on the 1st day of each calendar month beginning on November 1, 2020, subject to the Reporting Person's continued service with the Issuer through each such vesting date. |