Sec Form 4 Filing - Gardner Brandon @ Olo Inc. - 2021-11-08

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 Gardner Brandon 2. Issuer Name and Ticker or Trading Symbol Olo Inc. [ OLO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O THE RAINE GROUP, 65 EAST 55TH STREET 3. Date of Earliest Transaction (MM/DD/YY) 11/08/2021 (Street) NEW YORK, NY10022 4. If Amendment, Date Original Filed (MM/DD/YY) 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 Class A Common Stock 11/08/2021 C 2,000,000 A 2,000,000 I See footnote( 1 ) Class A Common Stock 11/08/2021 J 1,590,574 D 409,426 I See footnote( 2 ) Class A Common Stock 21,024 D Class A Common Stock 6,000 I By Family Member

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 Ow nership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Class B Common Stock ( 1 ) 11/08/2021 C 2,000,000 ( 1 ) ( 1 ) Class A Common Stock 2,000,000 $ 0 32,220,439 I Directly held by RPII Order LLC

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Gardner Brandon C/O THE RAINE GROUP 65 EAST 55TH STREET NEW YORK, NY10022 X X Signatures By: /s/ Jennifer Wong, Attorney-in-Fact 11/10/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On September 3, 2021, each of RPII Order LLC (the "LLC") and Raine Partners II LP ("Raine Partners II") adopted a plan of distribution (each such plan referenced herein, a "Plan") pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On November 8, 2021, the LLC distributed, pursuant to its Plan, 2,000,000 shares of Class B common stock of the Issuer ("Class B Common Stock") to Raine Partners II, its sole member, for no consideration. In connection with such distribution, such shares of Class B Common Stock were automatically converted into shares of Class A common stock of the Issuer ("Class A Common Stock"). ( 2 )On November 8, 2021, Raine Partners II distributed 2,000,000 shares of Class A Common Stock to its partners pursuant to its Plan, pro rata in accordance with their respective interests in Raine Partners II for no consideration, which included 409,426 shares of Class A Common Stock to Raine Associates II LP, the general partner of Raine Partners II, for no consideration. The Reporting Person disclaims beneficial ownership of the securities reported hereunder except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported hereunder for purposes of Section 16 of the Exchange Act or for any other purpose.

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).

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