Statement of Changes in Beneficial Ownership (4)
November 10 2021 - 5:46PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Gardner Brandon |
2. Issuer Name and Ticker or Trading Symbol
Olo Inc.
[
OLO
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
C/O THE RAINE GROUP, 65 EAST 55TH STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
11/8/2021 |
(Street)
NEW YORK, NY 10022
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Class A Common Stock | 11/8/2021 | | C | | 2000000 | A | (1) | 2000000 | I | See footnote (1) |
Class A Common Stock | 11/8/2021 | | J | | 1590574 | D | (2) | 409426 | I | See footnote (2) |
Class A Common Stock | | | | | | | | 21024 | D | |
Class A Common Stock | | | | | | | | 6000 | I | By Family Member |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Class B Common Stock | (1) | 11/8/2021 | | C | | | 2000000 | (1) | (1) | Class A Common Stock | 2000000 | $0.00 | 32220439 | I | Directly held by RPII Order LLC |
Explanation of Responses: |
(1) | On September 3, 2021, each of RPII Order LLC (the "LLC") and Raine Partners II LP ("Raine Partners II") adopted a plan of distribution (each such plan referenced herein, a "Plan") pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On November 8, 2021, the LLC distributed, pursuant to its Plan, 2,000,000 shares of Class B common stock of the Issuer ("Class B Common Stock") to Raine Partners II, its sole member, for no consideration. In connection with such distribution, such shares of Class B Common Stock were automatically converted into shares of Class A common stock of the Issuer ("Class A Common Stock"). |
(2) | On November 8, 2021, Raine Partners II distributed 2,000,000 shares of Class A Common Stock to its partners pursuant to its Plan, pro rata in accordance with their respective interests in Raine Partners II for no consideration, which included 409,426 shares of Class A Common Stock to Raine Associates II LP, the general partner of Raine Partners II, for no consideration. The Reporting Person disclaims beneficial ownership of the securities reported hereunder except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported hereunder for purposes of Section 16 of the Exchange Act or for any other purpose. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Gardner Brandon C/O THE RAINE GROUP 65 EAST 55TH STREET NEW YORK, NY 10022 | X | X |
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Signatures
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By: /s/ Jennifer Wong, Attorney-in-Fact | | 11/10/2021 |
**Signature of Reporting Person | Date |
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