Sec Form 4 Filing - Foundry Group Select Fund, L.P. @ Oblong, Inc. - 2023-07-03

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Foundry Group Select Fund, L.P. 2. Issuer Name and Ticker or Trading Symbol Oblong, Inc. [ OBLG] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O FOUNDRY GROUP, 645 WALNUT STREET 3. Date of Earliest Transaction (MM/DD/YY) 07/03/2023 (Street) BOULDER, CO80302 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 07/03/2023 J( 1 ) 85,017 ( 2 ) D 24,215 ( 2 ) I By Foundry?Venture Capital 2007, L.P. ( 3 ) Common Stock 07/03/2023 J( 4 ) 321,759 ( 2 ) D 91,644 ( 2 ) I By Foundry Group Select Fund, L.P. ( 5 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Tit le Amount or Number of Shares Warrant (Right to Buy) $ 0.0001 07/03/2023 J( 1 ) 85,017 ( 6 ) ( 6 ) Common Stock 85,017 ( 1 ) 85,017 I By Foundry?Venture Capital 2007, L.P. ( 3 ) Warrant (Right to Buy) $ 0.0001 07/03/2023 J( 4 ) 321,759 ( 6 ) ( 6 ) Common Stock 321,759 ( 1 ) 321,759 I By Foundry Group Select Fund, L.P. ( 5 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Foundry Group Select Fund, L.P. C/O FOUNDRY GROUP 645 WALNUT STREET BOULDER, CO80302 X Foundry Select Fund GP, LLC C/O FOUNDRY GROUP 645 WALNUT STREET BOULDER, CO80302 X Foundry Venture Capital 2007, L.P. C/O FOUNDRY GROUP 645 WALNUT STREET BOULDER, CO80302 X Foundry Venture 2007, LLC C/O FOUNDRY GROUP 645 WALNUT STREET BOULDER, CO80302 X FELD BRADLEY A C/O FOUNDRY GROUP 645 WALNUT STREET BOULDER, CO80302 X Levine Seth C/O FOUNDRY GROUP 645 WALNUT STREET BOULDER, CO80302 X MCINTYRE RYAN A C/O FOUNDRY GROUP 645 WALNUT STREET BOULDER, CO80302 X Signatures Foundry Group Select Fund, L.P., by: Foundry Select Fund GP, LLC, by /s/ Bradley A. Feld, Managing Member 07/05/2023 Signature of Reporting Person Date Foundry Select Fund GP, LLC, by: /s/ Bradley A. Feld, Managing Member 07/05/2023 Signature of Reporting Person Date Foundry Venture Capital 2007, L.P., by: Foundry Venture 2007, LLC, by /s/ Bradley A. Feld, Managing Member 07/05/2023 Signature of Reporting Person Date Foundry Venture 2007, LLC, by: /s/ Bradley A. Feld, Managing Member 07/05/2023 Signature of Reporting Person Date /s/ Bradley A. Feld 07/05/2023 Signature of Reporting Person Date /s/ Seth Levine 07/05/2023 Signature of Reporting Person Date /s/ Ryan McIntyre 07/05/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Foundry Venture Capital 2007, L.P. ("Foundry 2007") entered into an Exchange Agreement with the Issuer pursuant to which Foundry 2007 exchanged, on a 1:1 basis, 85,017 shares of the Issuer's Common Stock for an equal number of prefunded warrants, each to purchase one share of the Issuer's Common Stock at an exercise price of $0.0001 per share (each a "Pre-Funded Warrant"). ( 2 )The number of securities reported gives effect to a 1-for-15 reverse stock split of the Issuer's Common Stock, which was effected on January 3, 2023. ( 3 )Securities are held directly by Foundry Venture Capital 2007, L.P. ("Foundry 2007"). Foundry Venture 2007, LLC ("Foundry Venture") is the general partner of Foundry 2007. Bradley Feld, Seth Levine and Ryan McIntyre (collectively, the "Managing Members") are the managing members of Foundry Venture and may be deemed to share voting and dispositive power with respect to the securities held by Foundry 2007. Accordingly, each of Foundry Venture and the Managing Members may be deemed to beneficially own the securities held by Foundry 2007, but each disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. ( 4 )Foundry Group Select Fund, L.P. ("Foundry Select") entered into an Exchange Agreement with the Issuer pursuant to which Foundry Select exchanged, on a 1:1 basis, 321,759 shares of the Issuer's Common Stock for an equal number of Pre-Funded Warrants. ( 5 )Securities are held directly by Foundry Group Select Fund, L.P. ("Foundry Select"). Foundry Select Fund GP, LLC ("Foundry Select GP") is the general partner of Foundry Select. The Managing Members are the managing members of Foundry Select GP and may be deemed to share voting and dispositive power with respect to the securities held by Foundry Select. Accordingly, each of Foundry Select GP and the Managing Members may be deemed to beneficially own the securities held by Foundry Select, but each disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. ( 6 )The Pre-Funded Warrants have no expiration date and are exercisable immediately. Notwithstanding the foregoing, the Reporting Persons shall not be entitled to exercise the Pre-Funded Warrant if it would cause the aggregate number of shares of Common Stock beneficially owned by the Reporting Persons, their affiliates and any persons who are members of a Section 13(d) group with the Reporting Persons or their affiliates to exceed 4.99% of the total number of issued and outstanding shares of Common Stock of the Issuer following such exercise.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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