John E. Herzog - 08 Jun 2023 Form 4 Insider Report for OLB GROUP, INC. (OLB)

Role
10%+ Owner
Signature
/s/ John E.herzog
Issuer symbol
OLB
Transactions as of
08 Jun 2023
Net transactions value
$0
Form type
4
Filing time
12 Jun 2023, 17:46:26 UTC
Previous filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OLB Common Stock 10,000 08 Jun 2023 Held in an Individual Retirement Account
holding OLB Common Stock 109,224 08 Jun 2023 By John E. Herzog Revocable Trust u/a/d 02/07/2014 F1
holding OLB Common Stock 925,516 08 Jun 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OLB Series A Warrants Gift $0 -802,875 -100% $0.000000* 0 08 Jun 2023 Common Stock 802,875 $9.00 Direct F2
transaction OLB Series B Warrants Gift $0 -200,719 -100% $0.000000* 0 08 Jun 2023 Common Stock 200,719 $4.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John E. Herzog is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 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.
F2 Represents a bona fide gift of 401,437 Series A Warrants and a bona fide gift of 401,438 Series A Warrants, each made by the Reporting Person on June 8, 2023.
F3 Represents a bona fide gift of 100,359 Series B Warrants and a bona fide gift of 100,360 Series B Warrants, each made by the Reporting Person on June 8, 2023.