FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
OLB GROUP, INC. [ OLB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 08/12/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 09/06/2022 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 08/26/2022 | S | 2,700 | D | $1.7206 | 210,824 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) | ||
Common Stock | 08/26/2022 | S | 4,600 | D | $1.725 | 206,224 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) | ||
Common Stock | 08/26/2022 | S | 7,700 | D | $1.7131 | 198,524 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) | ||
Common Stock | 08/29/2022 | S | 8,000 | D | $2.0607 | 190,524 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) | ||
Common Stock | 08/29/2022 | S | 100 | D | $2.08 | 190.424 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) | ||
Common Stock | 08/29/2022 | S | 4,410 | D | $2.07 | 186,014 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) | ||
Common Stock | 08/29/2022 | S | 100 | D | $2.065 | 185,914 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) | ||
Common Stock | 08/29/2022 | S | 7,390 | D | $2.06 | 178,524 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) | ||
Common Stock | 08/29/2022 | S | 10,000 | D | $2.0601 | 168,524 | I | By John E. Herzog Revocable Trust u/a/d 02/07/2014(1) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. 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. |
Remarks: |
This Amendment to Form 4 is being filed on February 13, 2023, and is part of a group of three amendment filings relating to transactions occurring between August 12 and August 29, 2022. This Amendment to Form 4 is being filed (a) to reflect a transfer on August 15, 2022, of 350,000 shares of Common Stock by the Reporting Person to The John E. Herzog Revocable Trust u/a/d 02/07/2014, (b) to reflect the proper party engaging in certain transactions previously reported on Form 4, (c) to correct reporting of transaction dates from settlement date to trade date, (d) to correct certain beneficial ownership totals, and (e) to correct a double-counting of shares of Common Stock in Item 5 of Table I that were reported in Item 7 of Table II . This Amendment to Form 4 has been split into multiple filings because there are more than 30 transactions reported in Table I in total, and the SEC's EDGAR filing system limits the number of transactions reported in Table I or Table II to 30. |
/s/ John E. Herzog | 02/13/2023 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |