OLB GROUP, INC. — Director's Dealing 2021

May 25, 2021

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
2021-04-30	Common Stock	G	100000	—	Disposed	2185232	Direct
2021-04-30	Common Stock	G	100000	—	Disposed	2085232	Direct
2021-05-20	Common Stock	S	100	$5.02	Disposed	49651	Indirect
2021-05-20	Common Stock	S	900	$5.10	Disposed	48751	Indirect
2021-05-20	Common Stock	S	850	$5	Disposed	47901	Indirect
2021-05-20	Common Stock	S	450	$4.98	Disposed	47451	Indirect
2021-05-20	Common Stock	S	100	$4.98	Disposed	47351	Indirect
2021-05-20	Common Stock	S	725	$4.95	Disposed	46626	Indirect
2021-05-20	Common Stock	S	100	$4.97	Disposed	46526	Indirect
2021-05-20	Common Stock	S	50	$4.96	Disposed	46476	Indirect
2021-05-20	Common Stock	S	100	$4.97	Disposed	46376	Indirect
2021-05-20	Common Stock	S	100	$4.95	Disposed	46276	Indirect
2021-05-20	Common Stock	S	100	$4.98	Disposed	46176	Indirect
2021-05-20	Common Stock	S	48	$4.92	Disposed	46128	Indirect
2021-05-20	Common Stock	S	100	$4.92	Disposed	46028	Indirect
2021-05-20	Common Stock	S	100	$4.93	Disposed	45928	Indirect
2021-05-20	Common Stock	S	100	$4.93	Disposed	45828	Indirect
2021-05-20	Common Stock	S	8	$4.93	Disposed	45820	Indirect
2021-05-20	Common Stock	S	100	$4.93	Disposed	45720	Indirect
2021-05-20	Common Stock	S	100	$4.93	Disposed	45620	Indirect
2021-05-20	Common Stock	S	100	$4.94	Disposed	45520	Indirect
2021-05-20	Common Stock	S	112	$4.94	Disposed	45408	Indirect
2021-05-20	Common Stock	S	1857	$4.98	Disposed	43551	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-11	Series A Convertible Preferred Stock	$9	A	3612	Acquired		Common Stock (401333)	Direct
2020-08-11	Series A Warrants	$9	A	802875	Acquired	2025-08-11	Common Stock (802875)	Direct
2020-08-11	Series B Warrants	$4.50	A	200719	Acquired	2025-08-11	Common Stock (200719)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	28524	Indirect
Common Stock	2700	Indirect

Footnotes

F1: Bona fide gift. No compensation was given to the donor for making this gift.

F2: Bona fide gift. No compensation was given to the donor for making this gift.

F3: The reporting person agreed to convert an aggregate of$3,612,940 in indebtedness owed to him by the registrant into shares of Series A Convertible Preferred Stoc , Series A Warrants and Series B Warrants.

F4: 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.

F5: Held through an individual retirement account.

F6: These shares are held by Herzog & Co., LLC. The Repo1ting 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 therein, if any.

F7: 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 trustee of the John E. Herzog Revocable Trust U/A/D 02/07/2014.