Lambert Joanna G 4
4 · Olo Inc. · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Olo Inc.OLO
Lambert Joanna G
Chief Operating Officer
Transactions
- Award
Class A Common Stock
2025-03-01+323,583→ 1,014,361 total - Sale
Class A Common Stock
2025-03-04$6.50/sh−21,855$142,084→ 992,606 total
Footnotes (3)
- [F1]These shares are represented by restricted stock units (the "RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. 270,250 RSUs will vest in equal quarterly installments over three years on each March 5, June 5, September 5 and December 5 of a given calendar year, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date. 53,333 RSUs vest immediately upon grant.
- [F2]Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, 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 $6.455 to $6.54, 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.