4//SEC Filing
Benevides Peter J. 4
Accession 0000950170-23-027076
CIK 0001431695other
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 5:52 PM ET
Size
9.6 KB
Accession
0000950170-23-027076
Insider Transaction Report
Form 4
Olo Inc.OLO
Benevides Peter J.
Chief Financial Officer
Transactions
- Conversion
Class A Common Stock
2023-06-05+28,969→ 381,973 total - Conversion
Class B Common Stock
2023-06-05−28,969→ 0 total→ Class A Common Stock (28,969 underlying) - Sale
Class A Common Stock
2023-06-06$7.28/sh−7,892$57,463→ 374,081 total
Footnotes (3)
- [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 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.
- [F2]Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units, and does not represent a discretionary trade by the Reporting Person.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.17 to $7.42, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the Issuer, any security holder of the Issuer, or the SEC staff upon request.
Documents
Issuer
Olo Inc.
CIK 0001431695
Entity typeother
Related Parties
1- filerCIK 0001845032
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 5:52 PM ET
- Size
- 9.6 KB