John E. Herzog - 31 Dec 2022 Form 5 Insider Report for OLB GROUP, INC. (OLB)

Role
10%+ Owner
Signature
/s/ John E. Herzog
Issuer symbol
OLB
Transactions as of
31 Dec 2022
Transactions value $
-$51,176
Form type
5
Filing time
14 Feb 2023, 19:07:39 UTC
Previous filing
06 Sep 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLB Common Stock Sale -$4,603 -2,700 -100% $1.7 0 26 Aug 2022 Held in an Individual Retirement Account
transaction OLB Common Stock Sale -$143 -100 -0.06% $1.44 168,424 16 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$3,124 -2,200 -1.31% $1.42 166,224 16 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$712 -500 -0.3% $1.42 165,724 16 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$4,551 -3,200 -1.93% $1.42 162,524 16 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$2,470 -1,900 -1.17% $1.3 160,624 19 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$4,653 -4,100 -2.55% $1.14 156,524 22 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$3,390 -3,000 -1.92% $1.13 153,524 22 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$226 -200 -0.13% $1.13 153,324 22 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$2,071 -1,900 -1.24% $1.09 151,424 28 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$864 -800 -0.53% $1.08 150,624 28 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$355 -332 -0.22% $1.07 150,292 28 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$4,494 -4,200 -2.79% $1.07 146,092 28 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$1,132 -1,068 -0.73% $1.06 145,024 28 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$8,520 -8,114 -5.59% $1.05 136,910 30 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$4,200 -4,000 -2.92% $1.05 132,910 30 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$3,313 -3,186 -2.4% $1.04 129,724 30 Sep 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$2,397 -2,300 -1.77% $1.04 127,424 11 Oct 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$13,105 -12,600 -9.89% $1.04 114,824 11 Oct 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$510 -500 -0.44% $1.02 114,324 17 Oct 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Sale -$5,151 -5,100 -4.46% $1.01 109,224 17 Oct 2022 By John E. Herzog Revocable Trust U/A/D 02/07/2014 F1
transaction OLB Common Stock Purchase $2,150 +2,500 +0.78% $0.86 323,106 22 Nov 2022 Direct F2
transaction OLB Common Stock Purchase $1,722 +2,100 +0.65% $0.82 325,206 22 Nov 2022 Direct F2
transaction OLB Common Stock Purchase $327 +400 +0.12% $0.8199 325,606 28 Nov 2022 Direct F2
transaction OLB Common Stock Purchase $6,284 +7,500 +2.3% $0.8379 333,106 28 Nov 2022 Direct F2
transaction OLB Common Stock Purchase $1,088 +1,281 +0.38% $0.85 334,387 28 Nov 2022 Direct F2
transaction OLB Common Stock Purchase $934 +1,100 +0.33% $0.8499 335,487 28 Nov 2022 Direct F2
transaction OLB Common Stock Purchase $31.00 +37 +0.01% $0.849 335,524 28 Nov 2022 Direct F2
transaction OLB Common Stock Purchase $4,199 +5,000 +1.49% $0.8399 340,524 28 Nov 2022 Direct F2
transaction OLB Common Stock Purchase $2,075 +2,500 +0.73% $0.83 343,024 28 Nov 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OLB Series A Convertible Preferred Stock Conversion of derivative security $0 -3,612 -100% $0* 0 14 Dec 2022 Common Stock 504,910 $9 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are held of record by The John E. Herzog Revocable Trust U/A/D 02/07/2014, of which the Reporting Person serves as a trustee.
F2 The purchases of the registrant's Common Stock reported herein and certain other purchases of the registrant's Common Stock reported on a Form 4 being filed by the Reporting Person on the date hereof were matchable under Section 16(b) of the Securities Exchange Act of 1934 against prior sales of the registrant's Common Stock owned directly or indirectly by the Reporting Person and previously reported on an amended Form 4 filed by the Reporting Person on the date hereof, to the extent of 110,000 shares. The Reporting Person has agreed to pay to the registrant $114,654.46, representing the full amount of profit realized in connection with the short-swing transactions.
F3 Represents the conversion of 3,612 shares of Series A Preferred Stock held of record by the Reporting Person into shares of Common Stock of the registrant.
F4 The Series A Preferred Stock was converted into shares of Common Stock of the registrant on December 14, 2022, at the option of the Reporting Person, at a rate determined by dividing (a) the stated value per share ($1,000) of the Series A Preferred Stock plus accrued and unpaid dividends thereon by (b) the conversion price thereof ($9.00 per share)