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OLB GROUP, INC. Director's Dealing 2021

Aug 31, 2021

35173_dirs_2021-08-30_49e7bdcd-3e46-4f57-b9d4-a826203f197f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLB GROUP, INC. (OLB)
CIK: 0001314196
Period of Report: 2020-08-11

Reporting Person: Herzog John E (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-27 Common Stock S 3333 $4.95 Disposed 12418 Indirect
2021-05-28 Common Stock S 7889 $5.30 Disposed 4529 Indirect
2021-08-26 Common Stock S 4529 $3.54 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 28524 Indirect
Common Stock 2700 Indirect
Common Stock 2085232 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series A Convertible Preferred Stock $9 Common Stock (401333) 3612 Direct
Series A Warrants $9 2025-08-11 Common Stock (802875) 802875 Direct
Series B Warrants $4.5 2025-08-11 Common Stock (200719) 200719 Direct

Footnotes

F1: These shares are held by Herzog & Co., LLC. The Reporting Person has sole voting and dispositive power with regard to the shares held by Herzog & Co., LLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest herein, if any.

F2: These shares are held by John E Herzog, Trustee, John E. Herzog Revocable Trust U/A/D 02/07/2014. The Reporting Person serves as a trustee of the John E. Herzog Revocable Trust U/A/D 02/07/2014.

F3: The Series A Preferred Stock are convertible into shares of Common Stock of the registrant, at the option of the reporting person, on or after the date on which certain of the registrant's long term indebtedness is repaid in full and there is no further outstanding obligations regarding such indebtedness.