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 $
$60,419
Form type
5
Filing time
14 Feb 2023, 19:08:07 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 Purchase $2.13K +2.58K +0.75% $0.83 346K 28 Nov 2022 Direct F1
transaction OLB Common Stock Purchase $4.08K +5K $0.82 5K 28 Nov 2022 Held in an Individual Retirement Account F1
transaction OLB Common Stock Purchase $1.83K +2.2K +44% $0.83 7.2K 28 Nov 2022 Held in an Individual Retirement Account F1
transaction OLB Common Stock Purchase $332 +400 +5.56% $0.83 7.6K 28 Nov 2022 Held in an Individual Retirement Account F1
transaction OLB Common Stock Purchase $2.02K +2.4K +31.58% $0.84 10K 28 Nov 2022 Held in an Individual Retirement Account F1
transaction OLB Common Stock Purchase $3.04K +3.5K +1.01% $0.87 349K 02 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $9.46K +11K +3.15% $0.86 360K 02 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $6.02K +7K +1.94% $0.86 367K 02 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $2.17K +2.5K +0.68% $0.87 370K 06 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $4.2K +5K +1.35% $0.84 375K 06 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $4.08K +5K +1.33% $0.82 380K 12 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $2.67K +3K +0.79% $0.89 383K 13 Dec 2022 Direct F1
transaction OLB Common Stock Conversion of derivative security $0 +505K +131.97% $0.00 888K 14 Dec 2022 Direct F3
transaction OLB Common Stock Purchase $3.56K +4K +1.05% $0.89 387K 29 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $2.69K +2.92K +0.76% $0.92 390K 29 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $9.2K +10K +2.57% $0.92 400K 29 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $73.20 +80 +0.02% $0.91 400K 29 Dec 2022 Direct F1
transaction OLB Common Stock Purchase $2.87K +3K +0.75% $0.96 403K 29 Dec 2022 Direct F1

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 -3.61K -100% $0.00* 0 14 Dec 2022 Common Stock 505K $9.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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)