AI assistant
OLB GROUP, INC. — Director's Dealing 2023
Feb 15, 2023
35173_dirs_2023-02-14_bbbf3a04-2ed7-4200-b05f-177197ab7623.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OLB GROUP, INC. (OLB)
CIK: 0001314196
Period of Report: 2023-01-05
Reporting Person: Herzog John E (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-05 | Common Stock | P | 5000 | $0.9100 | Acquired | 912516 | Direct |
| 2023-01-05 | Common Stock | P | 7300 | $0.9098 | Acquired | 919816 | Direct |
| 2023-01-05 | Common Stock | P | 700 | $0.9000 | Acquired | 920516 | Direct |
| 2023-01-05 | Common Stock | P | 5000 | $0.8950 | Acquired | 925516 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Indirect |
| Common Stock | 109224 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Warrants | $9.00 | 2025-08-11 | Common Stock (802875) | 802875 | Direct |
| Series B Warrants | $4.50 | 2025-08-11 | Common Stock (200719) | 200719 | Direct |
Footnotes
F1: The purchases of the registrant's Common Stock reported herein and certain other purchases of the registrant's Common Stock reported on a Form 5 being filed by the Reporting Person on the date hereof were matchable under Section 16(b) of the Securities Exchange Act of 1934 against prior sales of the registrant's Common Stock owned directly or indirectly by the Reporting Person and reported on an amended Form 4 filed by the Reporting Person on the date hereof, to the extent of 110,000 shares. The Reporting Person has agreed to pay to the registrant $114,654.46, representing the full amount of profit realized in connection with the short-swing transactions.
F2: These securities are held of record by The John E. Herzog Revocable Trust U/A/D 02/07/2014, of which the Reporting Person serves as a trustee.