Andrew J. Murray - 23 Dec 2021 Form 4 Insider Report for Olo Inc. (OLO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
28 Dec 2021, 16:50:10 UTC
Prior SEC filing
01 Dec 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jennifer Wong, Attorney-in-Fact

Key filing fact

Andrew J. Murray filed Form 4 for Olo Inc. (OLO) on 28 Dec 2021.

Key facts

  • This page summarizes Andrew J. Murray's Form 4 filing for Olo Inc. (OLO).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 28 Dec 2021, 16:50.

Change

  • Previous filing in this sequence was filed on 01 Dec 2021.
  • Current net transaction value: +$99,914.

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.

OLO transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-36,465
Change %
-19%
Price
$0.000000
Shares after
159,885
Date
23 Dec 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
36,465
Exercise price
$2.74
Footnotes
F1
OLO transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$99,914
Shares
+36,465
Change %
+58%
Price
$2.74
Shares after
99,195
Date
23 Dec 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
36,465
Exercise price
Footnotes
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

One-fourth of the shares underlying the option vested and became exercisable on January 15, 2021; the remainder shall vest and become exercisable in 36 equal monthly installments on the 15th day of each calendar month beginning on February 15,2021, subject to the Reporting Person's continued service with the Issuer through each such vesting date.

Footnote F2

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 Initial Public Offering, (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.

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