James D. Robinson IV - 28 Feb 2022 Form 4 Insider Report for Olo Inc. (OLO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2022, 19:18:05 UTC
Prior SEC filing
05 Jan 2022
Next SEC filing
17 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ William Porteous, attorney in fact for James D. Robinson IV

Key filing fact

James D. Robinson IV filed Form 4 for Olo Inc. (OLO) on 02 Mar 2022.

Key facts

  • This page summarizes James D. Robinson IV's Form 4 filing for Olo Inc. (OLO).
  • 7 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Mar 2022, 19:18.

Change

  • Previous filing in this sequence was filed on 05 Jan 2022.
  • Current net transaction value: -$7,270,441.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OLO transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+215,537
Change %
+37%
Price
Shares after
794,569
Date
28 Feb 2022
Ownership
Direct
Footnotes
F1
OLO transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+330,334
Change %
Price
Shares after
330,334
Date
01 Mar 2022
Ownership
See Footnote
Footnotes
F2
OLO transaction

Class A Common Stock

Sale

Transaction value
$4,694,046
Shares
-330,334
Change %
-100%
Price
$14.21
Shares after
0
Date
01 Mar 2022
Ownership
See Footnote
Footnotes
F2, F3
OLO transaction

Class A Common Stock

Sale

Transaction value
$1,385,708
Shares
-101,666
Change %
-13%
Price
$13.63
Shares after
692,903
Date
02 Mar 2022
Ownership
Direct
Footnotes
F4
OLO transaction

Class A Common Stock

Sale

Transaction value
$1,190,687
Shares
-84,207
Change %
-12%
Price
$14.14
Shares after
608,696
Date
02 Mar 2022
Ownership
Direct
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OLO transaction Derivative

Class B Common Stock

Other

Transaction value
Shares
-215,537
Change %
-5.7%
Price
Shares after
3,584,141
Date
28 Feb 2022
Ownership
See Footnote
Underlying class
Class A Common Stock
Underlying amount
215,537
Exercise price
Footnotes
F1, F4, F5, F6, F7
OLO transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-330,334
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Mar 2022
Ownership
See Footnote
Underlying class
Class A Common Stock
Underlying amount
330,344
Exercise price
Footnotes
F2, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The Reporting Person received shares of Class A Common Stock as the result of a pro rata distribution, for no consideration, by RRE Ventures IV, L.P. ("Ventures IV") and its general partner RRE Ventures GP, IV LLC ("GP IV") of Class B Common Stock which automatically converted to Class A Common Stock on a one-for-one basis upon their transfer by Ventures IV.

Footnote F2

These shares were held by RRE Advisors LLC ("Advisors") and automatically converted from shares of Class B Common Stock to shares of Class A Common Stock on a one-for-one basis upon theirs sale by Advisors. The managers and owners of Advisors are each of James D. Robinson IV, Stuart J. Ellman and William D. Porteous. Each of Messrs. Robinson IV, Ellman, and Porteous disclaim beneficial ownership of the securities reported on this Form 4, except to the extents of his pecuniary interest therein, if any.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.92 to $14.66, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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 this footnotes (3), (4) and (5)

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.01 to $14.00, inclusive.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.01 to $14.27, inclusive.

Footnote F6

Ventures IV distributed these shares of Class B Common Stock to its partners on a pro rata basis, for no consideration, which converted to shares of Class A Common Stock upon distribution.

Footnote F7

Held by Ventures IV. The general partner of Ventures IV is GP IV. The managing members and officers of GP IV are James D. Robinson IV, Stuart J. Ellman, and William D. Porteous. Each of GP IV and Messrs. Robinson IV, Ellman, and Porteous disclaim beneficial ownership of the securities reported on this Form 4, except to the extent of its or his pecuniary interest therein, if any.

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