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OLB GROUP, INC. Director's Dealing 2021

Jan 15, 2021

35173_dirs_2021-01-15_d3d22440-61a9-4152-a08c-c0fa7dcf852e.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: 2018-05-09

Reporting Person: YAKOV RONNY (Director, CEO and Chairman of the Board)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-05-09 Common Stock A 2275000 Acquired 2307036 Direct
2018-08-21 Common Stock A 117663 Acquired 2424699 Direct
2019-06-20 Common Stock A 1430000 Acquired 3854699 Direct
2019-06-20 Common Stock G 8334 Disposed 3846365 Direct
2019-06-20 Common Stock G 16667 Disposed 3829698 Direct
2019-06-20 Common Stock G 41667 Disposed 3788031 Direct
2019-06-20 Common Stock G 16667 Disposed 3771364 Direct
2019-06-20 Common Stock G 133334 Disposed 3638030 Direct
2019-06-20 Common Stock G 133334 Disposed 3504696 Direct
2019-06-20 Common Stock G 26667 Disposed 3478029 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-01-01 Stock Option $0.03 A 6667 Acquired Common Stock (6667) Direct
2020-01-01 Stock Option $0.03 A 6667 Acquired Common Stock (6667) Direct
2020-08-11 Series A Convertible Preferred Stock $9.00 A 1022 Acquired Common Stock (113501) Direct
2020-08-11 Series A Warrants $9.00 A 227003 Acquired 2025-08-11 Common Stock (227003) Direct
2020-08-11 Series B Warrants $4.50 A 56751 Acquired 2025-08-11 Common Stock (56751) Direct

Footnotes

F1: The reporting person acquired the shares in connection with the registrant's entry into separate share exchange agreements with Crowdpay.US, Inc. and OMNISOFT, Inc. for which the reporting person was a shareholder.

F2: The shares were acquired upon conversion of certain accrued but unpaid compensation.

F3: The reporting person acquired the shares in connection with the registrant's entry into separate share exchange agreements with Crowdpay.US, Inc. and OMNISOFT, Inc. for which the reporting person was a shareholder.

F4: The options were granted pursuant to the terms of the reporting person's employment agreement. The options vest and become exercisable in three (3) equal annual installments beginning on the one year anniversary of the grant date and expire as to each vested installment three (3) years after such installment became exercisable.

F5: The reporting person agreed to convert an aggregate of $1,021,512 in indebtedness owed to him by the registrant into shares of Series A Convertible Preferred Stock, Series A Warrants and Series B Warrants.

F6: The Series A Preferred Stock are convertible, at the option of the reporting person, on or after the date on which the registrant's currently outstanding long-term indebtedness is repaid in full and there is no further outstanding obligations regarding such indebtedness.