Robinson James D IV's Form 4 filing
Olo Inc. (OLO) · filed Mar 2, 2022
- Accession no.
- 0000899243-22-008774
- Filed
- Mar 2, 2022
- Trade date
- Feb 28-Mar 2, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $7.27M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Robinson James D IVCIK 0001525963 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 28, 2022 | Class A Common Stock | CConversionAcquired | +215,537 | –F1 | – | 794,569 | Direct | |
| Mar 1, 2022 | Class A Common Stock | CConversionAcquired | +330,334 | –F2 | – | 330,334 | Indirect | |
| Mar 1, 2022 | Class A Common Stock | SSaleDisposed | −330,334 | $14.21F3 | −$4,694,046.14 | 0 | Indirect | |
| Mar 2, 2022 | Class A Common Stock | SSaleDisposed | −101,666 | $13.63F4 | −$1,385,707.58 | 692,903 | Direct | |
| Mar 2, 2022 | Class A Common Stock | SSaleDisposed | −84,207 | $14.14F5 | −$1,190,686.98 | 608,696 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 28, 2022 | Class A Common Stock | JOtherDisposed | −215,537 | –F6 | – | 3,584,141 | Indirect | |
| Mar 1, 2022 | Class A Common Stock | CConversionDisposed | −330,344 | $0.00 | $0 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The Reporting Person received shares of Class A Common Stock as the result of a pro rata distribution, for no consideration, by RRE Ventures IV, L.P. ("Ventures IV") and its general partner RRE Ventures GP, IV LLC ("GP IV") of Class B Common Stock which automatically converted to Class A Common Stock on a one-for-one basis upon their transfer by Ventures IV.
Referenced by the price of 1 transaction in Table I.
- F2
These shares were held by RRE Advisors LLC ("Advisors") and automatically converted from shares of Class B Common Stock to shares of Class A Common Stock on a one-for-one basis upon theirs sale by Advisors. The managers and owners of Advisors are each of James D. Robinson IV, Stuart J. Ellman and William D. Porteous. Each of Messrs. Robinson IV, Ellman, and Porteous disclaim beneficial ownership of the securities reported on this Form 4, except to the extents of his pecuniary interest therein, if any.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.92 to $14.66, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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 this footnotes (3), (4) and (5)
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.01 to $14.00, inclusive.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.01 to $14.27, inclusive.
Referenced by the price of 1 transaction in Table I.
- F6
Ventures IV distributed these shares of Class B Common Stock to its partners on a pro rata basis, for no consideration, which converted to shares of Class A Common Stock upon distribution.
Referenced by the price of 1 transaction in Table II.