OLB GROUP, INC. — Director's Dealing 2023

Feb 15, 2023

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: OLB GROUP, INC. (OLB)
CIK: 0001314196
Period of Report: 2022-12-31

Reporting Person: Herzog John E (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-28	Common Stock	P	2582	$0.8267	Acquired	345606	Direct
2022-11-28	Common Stock	P	5000	$0.8166	Acquired	5000	Indirect
2022-11-28	Common Stock	P	2200	$0.8300	Acquired	7200	Indirect
2022-11-28	Common Stock	P	400	$0.8299	Acquired	7600	Indirect
2022-11-28	Common Stock	P	2400	$0.8400	Acquired	10000	Indirect
2022-12-02	Common Stock	P	3500	$0.8689	Acquired	349106	Direct
2022-12-02	Common Stock	P	11000	$0.8600	Acquired	360106	Direct
2022-12-02	Common Stock	P	7000	$0.8599	Acquired	367106	Direct
2022-12-06	Common Stock	P	2500	$0.8678	Acquired	369606	Direct
2022-12-06	Common Stock	P	5000	$0.8400	Acquired	374606	Direct
2022-12-12	Common Stock	P	5000	$0.8161	Acquired	379606	Direct
2022-12-13	Common Stock	P	3000	$0.8900	Acquired	382606	Direct
2022-12-14	Common Stock	C	504910	$0.00	Acquired	887516	Direct
2022-12-29	Common Stock	P	4000	$0.8902	Acquired	386606	Direct
2022-12-29	Common Stock	P	2920	$0.9197	Acquired	389526	Direct
2022-12-29	Common Stock	P	10000	$0.9196	Acquired	399526	Direct
2022-12-29	Common Stock	P	80	$0.9149	Acquired	399606	Direct
2022-12-29	Common Stock	P	3000	$0.9572	Acquired	402606	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-14	Series A Convertible Preferred Stock	$9.00	C	3612	Disposed		Common Stock (504910)	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 4 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 previously 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: Represents the conversion of 3,612 shares of Series A Preferred Stock held of record by the Reporting Person into shares of Common Stock of the registrant.

F3: The Series A Preferred Stock was converted into shares of Common Stock of the registrant on December 14, 2022, at the option of the Reporting Person, at a rate determined by dividing (a) the stated value per share ($1,000) of the Series A Preferred Stock plus accrued and unpaid dividends thereon by (b) the conversion price thereof ($9.00 per share)