Sec Form 4/A Filing - Herzog John E @ OLB GROUP, INC. - 2022-08-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
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
Herzog John E
2. Issuer Name and Ticker or Trading Symbol
OLB GROUP, INC. [ OLB]
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)
824 HARBOR ROAD
3. Date of Earliest Transaction (MM/DD/YY)
08/12/2022
(Street)
SOUTHPORT,, CT06890
4. If Amendment, Date Original Filed (MM/DD/YY)
09/06/2022
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 08/25/2022 S 8,400 D $ 1.16 394,124 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/25/2022 S 6,800 D $ 1.18 387,324 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 17,331 D $ 1.8 369,993 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 8,000 D $ 1.8104 361,993 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 23,000 D $ 1.8029 338,993 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 100 D $ 1.815 338,893 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 3,068 D $ 1.81 335,825 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 100 D $ 1.791 335,725 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 13,301 D $ 1.79 322,424 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 500 D $ 1.765 321,924 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 16,000 D $ 1.76 305,924 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 3,400 D $ 1.77 302,524 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 460 D $ 1.88 302,064 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 200 D $ 1.871 301,864 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 5,063 D $ 1.87 296,801 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 6,777 D $ 1.86 290,024 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 100 D $ 1.861 289,924 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 1,600 D $ 1.95 288,324 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 2,749 D $ 1.94 285,575 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 659 D $ 1.96 284,916 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 11,692 D $ 1.93 273,224 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 7,400 D $ 1.8901 265,824 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 P 8,600 ( 2 ) A $ 1.84 274,424 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 8,600 ( 2 ) D $ 1.836 265,824 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 7,800 D $ 1.82 258,024 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 8,000 D $ 1.8201 250,024 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 100 D $ 1.811 249,924 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 21,400 D $ 1.81 228,524 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 10,000 D $ 1.7201 218,524 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 1 )
Common Stock 08/26/2022 S 5,000 D $ 1.7209 213,524 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)
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 Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Herzog John E
824 HARBOR ROAD
SOUTHPORT,, CT06890
X
Signatures
/s/ John E. Herzog 02/13/2023
Signature of Reporting Person Date
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.
( 2 )The purchase of 8,600 shares of Common Stock on August 26, 2022, was the result of a broker's error, and such error was corrected by the immediate sale (on the same day) of all such mistakenly purchased shares.

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.

Reminder: Report on a separate line for each class of securit ies beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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