Morvillo Robert bought OLO
February 27, 2024 · Form 4 insider transaction
Morvillo Robert bought 12,837 shares of OLO at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Represents shares underlying performance-based restricted stock units ("PSUs") granted on February 24, 2023. Following the Compensation Committee's certification on February 27, 2024 of the applicable financial performance results for the fiscal year ended December 31, 2023, 31.25% of these PSUs will vest on March 5, 2024 and the remaining PSUs will vest in eleven equal quarterly installments over the next three years, subject to the Reporting Person's continued services with the Issuer on each such vesting date. The PSUs were awarded under the Issuer's 2021 Equity Incentive Plan.