Nithya B. Das Sells $104K of Olo Inc (OLO) — SEC Form 4, Nov 01, 2021

Open-Market Net Sale · SEC Form 4
−$103,702
10b5-1 Plan (Partial)
Reporting Owner
TXN 2021-10-29 · FILED 2021-11-01
Equity Position 1.92K sh 1,921 → 1,921
Filing Lag 1 business day within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2021-11-01
Report Date
2021-10-28
Accession No.
0001209191-21-062240
Accepted At
2021-11-01 18:37 UTC
Reporting Owner
Name Relationship
Nithya B. Das CIK 0001844954
GC
Nithya B. Das at Olo Inc Full insider history
Bought (12 mo) —
Sold (12 mo) —
More from this insider at Olo Inc
2023-03-08 Sell -$11,956 View
2022-12-08 Sell -$9,247 View
2022-09-08 Sell -$10,053 View
2022-08-26 Exercise — View
2022-06-08 Sell -$14,236 View
All filings by this insider at Olo Inc
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Class A Common StockF1 2021-10-28 C - Conversion 1,921 A — 1,921 Direct
Class A Common StockF2F3 2021-10-28 S - Sale 10b5-1 1,721 D $26.91 -$46,312 200 Direct
Class A Common StockF2F4 2021-10-28 S - Sale 10b5-1 200 D $27.71 -$5,542 0 Direct
Class A Common StockF1 2021-10-29 C - Conversion 1,921 A — 1,921 Direct
Class A Common StockF2F5 2021-10-29 S - Sale 10b5-1 1,921 D $26.99 -$51,848 0 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Stock Option (Right to Buy)F6F1 $2.74 2021-10-28 M - Exercise 1,921 D $0.00 2029-11-13 1,921 Class B Common Stock Direct
Class B Common StockF1F1F1 2021-10-28 M - Exercise 1,921 A $2.74 1,921 Class A Common Stock Direct
Class B Common StockF1F1F1 2021-10-28 C - Conversion 1,921 D $0.00 1,921 Class A Common Stock Direct
Stock Option (Right to Buy)F6F1 $2.74 2021-10-29 M - Exercise 1,921 D $0.00 2029-11-13 1,921 Class B Common Stock Direct
Class B Common StockF1F1F1 2021-10-29 M - Exercise 1,921 A $2.74 1,921 Class A Common Stock Direct
Class B Common StockF1F1F1 2021-10-29 C - Conversion 1,921 D $0.00 1,921 Class A Common Stock Direct
Footnotes (6)
F1
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. Show more
F2
Shares sold pursuant to a Rule 10b5-1 trading plan. Show more
F3
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $26.50 to $27.45, inclusive. The reporting person undertakes to provide to Olo Inc., any security holder of Olo Inc, 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 footnotes (3), (4) and (5) to this Form 4. Show more
F4
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.70 to $27.71, inclusive. Show more
F5
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $26.44 to $27.27, inclusive. Show more
F6
One-fourth of the shares underlying the option vested and became exercisable on October 1, 2020; the remainder shall vest and become exercisable in 36 equal monthly installments on the 1st day of each calendar month beginning on November 1, 2020, subject to the Reporting Person's continued service with the Issuer through each such vesting date. Show more
5%+ Holders · 13D/G 2 filers
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