X0306 4 2021-03-25 0 0001431695 Olo Inc. OLO 0001845147 Murray Andrew J. C/O OLO INC. ONE WORLD TRADE CENTER, 82ND FLOOR NEW YORK NY 10007 0 1 0 0 Chief Technology Officer Class A Common Stock 2021-03-25 4 M 0 681760 A 681760 D Class A Common Stock 2021-03-25 4 S 0 230207 28.49 D 451553 D Class A Common Stock 2021-03-25 4 S 0 42600 29.12 D 408953 D Stock Appreciation Right 0.059 2021-03-25 4 M 0 683400 0.00 D Class B Common Stock 683400 0 D Class B Common Stock 2021-03-25 4 M 0 683400 A Class A Common Stock 683400 836400 D Class B Common Stock 2021-03-25 4 F 0 1640 D Class A Common Stock 1640 834760 D Class B Common Stock 2021-03-25 4 M 0 681760 D Class A Common Stock 681760 153000 D Each Stock Appreciation Right ("SARs") converted into the same number of shares of Class B Common Stock upon the consummation of the Issuer's initial public offering, but were not delivered to the Reporting Person until March 25, 2021. The transaction reported represents sales by the Reporting Person to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the SARs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.03 to $29.025, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.03 to $29.37, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and has no expiration date. On any transfer of shares of Class B Common Stock, each such transferred share will automatically convert into one share of Class A Common Stock, except for certain "Permitted Transfers" described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock, upon the following: (1) the sale or transfer of such share of Class B Common Stock; (2) the death of the Reporting Person; and (3) on the final conversion date, defined as the earlier of (a) the trading day immediately following the seventh anniversary of the IPO, (b) the last trading day of the fiscal quarter immediately following the date upon which the then outstanding shares of Class B common stock first represent less than 10% of the aggregate number of the then outstanding shares of Class A common stock and Class B common stock, or (c) the date specified by a vote of the holders of a majority of the outstanding shares of Class B common stock, voting as a single class. The transaction reported represents the withholding of shares by the Issuer to satisfy the exercise price in connection with the vesting and settlement of the SARs. /s/ Shashi Khiani, Attorney-in-Fact 2021-03-29