OLB GROUP, INC. — Director's Dealing 2019

May 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLB GROUP, INC. (OLBG)
CIK: 0001314196
Period of Report: 2013-02-28

Reporting Person: Herzog John E (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-28	Common Stock	P	166666	$0.15	Acquired	1166666	Direct
2013-04-14	Common Stock	P	166666	$0.15	Acquired	1333332	Direct
2015-12-31	Common Stock	J	1330125	—	Acquired	2663457	Direct
2017-11-20	Common Stock	J	2516050	—	Acquired	5179507	Direct
2018-05-09	Common Stock	J	12100000	—	Acquired	17279507	Direct
2018-05-09	Common Stock	J	19250000	—	Acquired	36529507	Direct
2018-06-21	Common Stock	S	66	$0.50	Disposed	36529441	Direct
2018-06-21	Common Stock	S	500	$0.50	Disposed	36528941	Direct
2018-06-21	Common Stock	S	2000	$0.45	Disposed	36526941	Direct
2018-06-27	Common Stock	S	2000	$0.51	Disposed	36524941	Direct
2018-06-27	Common Stock	S	2000	$0.51	Disposed	36522941	Direct
2018-06-27	Common Stock	S	2000	$0.51	Disposed	36520941	Direct
2018-06-27	Common Stock	S	2000	$0.51	Disposed	36518941	Direct
2018-06-28	Common Stock	S	2000	$0.52	Disposed	36516941	Direct
2018-07-06	Common Stock	S	750	$0.50	Disposed	36516191	Direct
2018-07-06	Common Stock	G	20000	$0.00	Disposed	36496191	Direct
2018-07-13	Common Stock	S	6000	$0.52	Disposed	36490191	Direct
2018-07-13	Common Stock	S	250	$0.50	Disposed	36489941	Direct
2018-07-13	Common Stock	S	3750	$0.50	Disposed	36486191	Direct
2018-07-13	Common Stock	S	1250	$0.50	Disposed	36484941	Direct
2018-07-16	Common Stock	S	1846	$0.49	Disposed	36483095	Direct
2018-07-16	Common Stock	S	1000	$0.49	Disposed	36482095	Direct
2018-07-16	Common Stock	S	2000	$0.49	Disposed	36480095	Direct
2018-07-16	Common Stock	S	2000	$0.49	Disposed	36478095	Direct
2018-07-16	Common Stock	S	10000	$0.49	Disposed	36468095	Direct
2018-07-17	Common Stock	S	150	$0.50	Disposed	36467945	Direct
2018-07-20	Common Stock	S	2660	$0.48	Disposed	36465285	Direct
2018-07-23	Common Stock	S	2000	$0.48	Disposed	36463285	Direct
2018-07-24	Common Stock	G	3000	$0.00	Disposed	36460285	Direct
2018-07-31	Common Stock	G	1000	$0.00	Disposed	36459285	Direct

Footnotes

F1: During the year ended December 31, 2015, the Reporting Person loaned $203,000 to the Issuer (the "2015 Loans"), which loans accrued interest at 10% per annum and were payable within one year. On December 31, 2015, 1,330,125 shares of Common Stock were issued by the Issuer to the Reporting Person in exchange for the conversion of $212,820 of principal and accrued interest owed to him in respect of the 2015 Loans. The 2015 Loans and conversion thereof are described in the Issuer's 2015 10-K.

F2: During the three months ended March 31, 2017, the Reporting Person loaned an additional $15,500 to the Issuer (the "First 2017 Loan"), and on or about May 24, 2017, the Reporting Person loaned an additional $38,000 to the Issuer (the "Second 2017 Loan and, together with the First 2017 Loan, the "2017 Loans"). The making of the First 2017 Loan and the Second 2017 Loan were described in those certain Quarterly Reports on Form 10-Q filed by the Issuer with the SEC on May 12, 2018, and August 10, 2018, respectively. On November 20, 2017, 2,516,050 shares of Common Stock were issued by the Issuer to the Reporting Person in exchange for the conversion of $251,605 of principal and accrued interest in respect of the 2016 Loan and the 2017 Loans. The conversion of the 2016 Loan and the 2017 Loans was disclosed in that certain Annual Report on Form 10-K filed by the Issuer with the SEC on April 13, 2018.

F3: On May 9, 2018, the Issuer entered into a share exchange agreement with the shareholders of Omnisoft, Inc., a Delaware corporation ("Omnisoft"; such share exchange agreement, the "Omnisoft Share Exchange Agreement"), and a share exchange agreement with the shareholders of CrowdPay.us, Inc., a New York corporation ("CrowdPay"; such share exchange agreement, the "CrowdPay Share Exchange Agreement" and, together with the Omnisoft Share Exchange Agreement, the "Share Exchange Agreements"). As a result of the transactions contemplated by the Share Exchange Agreements, each of CrowdPay and Omnisoft became wholly-owned subsidiaries of the Issuer.

F4: The Reporting Person was a shareholder in both Omnisoft and Crowdpay and was a party to each Share Exchange Agreement. Pursuant to the terms of the Omnisoft Share Exchange Agreement, the Reporting Person was issued 12,100,000 shares of Common Stock in exchange for all of the issued and outstanding shares of Omnisoft common stock held by the Reporting Person. Pursuant to the terms of the CrowdPay Share Exchange Agreement, the Reporting Person was issued 19,250,000 shares of Common Stock in exchange for all of the issued and outstanding shares of CrowdPay common stock held by the Reporting Person. The Share Exchange Agreements and the transactions contemplated thereby are disclosed in that certain Current Report on Form 8-K filed by the Issuer with the SEC on May 15, 2018.