4//SEC Filing
Frankel David A. 4
Accession 0001140361-25-034886
CIK 0001431695other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 4:56 PM ET
Size
8.3 KB
Accession
0001140361-25-034886
Insider Transaction Report
Form 4
Olo Inc.OLO
Frankel David A.
Director10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2025-09-12−123,242→ 0 total - Disposition to Issuer
Class B Common Stock
2025-09-12−13,157,966→ 0 total(indirect: By LLC)→ Class A Common Stock (13,157,966 underlying)
Footnotes (3)
- [F1]This Form 4 reports securities disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated July 3, 2025, by and among the Issuer, Olo Parent, Inc. (f/k/a Project Hospitality Parent, LLC), a Delaware corporation ("Parent") and Project Hospitality Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"). On September 12, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of Parent.
- [F2]Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding share of Issuer Class A Common Stock and Class B Common Stock (together, "Common Stock") was cancelled and automatically converted into the right to receive $10.25 in cash, without interest, less any applicable withholding taxes.
- [F3]These shares are held by Raqtinda Investments LLC (the "LLC"). The Reporting Person, along with Peter Rosenberg, has shared voting and dispositive power over 13,157,966 shares of Class B common stock. The Reporting Person disclaims beneficial ownership of the shares held by the LLC except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
Olo Inc.
CIK 0001431695
Entity typeother
Related Parties
1- filerCIK 0001682665
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 4:56 PM ET
- Size
- 8.3 KB