Brandon Gardner - 16 Jun 2022 Form 4 Insider Report for Olo Inc. (OLO)

Role: Director, 10%+ Owner
Signature: By: /s/ Jennifer Wong, Attorney-in-Fact
Issuer symbol: OLO
Transactions as of: 16 Jun 2022
Transactions value $: $0
Form type: 4
Filing time: 21 Jun 2022, 16:05:45 UTC
Previous filing: 10 Nov 2021
Next filing: 20 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OLO	Class A Common Stock	Award	$0	+17,954	+85%	$0	38,978	16 Jun 2022	Direct	F1
holding	OLO	Class A Common Stock						409,426	16 Jun 2022	By Raine Associates II LP	F2
holding	OLO	Class A Common Stock						6,000	16 Jun 2022	By Family Member

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. The shares underlying the RSUs will fully vest on the earlier of (i) the one year anniversary of the grant date and (ii) the day immediately prior to the Issuer's next annual meeting of stockholders following the grant date, subject to the Reporting Person's continuous service with the Issuer as of such vesting date.
F2	Represents securities of the Issuer owned directly by Raine Associates II LP (the "LLC"). The Reporting Person disclaims beneficial ownership over the shares held by the LLC except to the extent of his pecuniary interest therein, if any, 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 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

These shares are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. The shares underlying the RSUs will fully vest on the earlier of (i) the one year anniversary of the grant date and (ii) the day immediately prior to the Issuer's next annual meeting of stockholders following the grant date, subject to the Reporting Person's continuous service with the Issuer as of such vesting date.

Represents securities of the Issuer owned directly by Raine Associates II LP (the "LLC"). The Reporting Person disclaims beneficial ownership over the shares held by the LLC except to the extent of his pecuniary interest therein, if any, 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 of the Securities Exchange Act of 1934, as amended, or for any other purpose.