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 08/12/2022 S 1,759 D $ 1.6401 730,606 ( 1 ) D
Common Stock 08/12/2022 S 2,600 D $ 1.6301 728,006 D
Common Stock 08/12/2022 S 305 D $ 1.63 727,701 D
Common Stock 08/15/2022 J V 350,000 D $ 0 377,701 ( 2 ) D
Common Stock 08/15/2022 J V 350,000 A $ 0 418,681 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
Common Stock 08/16/2022 S 2,800 D $ 1.59 374,901 D
Common Stock 08/16/2022 S 7,400 D $ 1.5601 367,501 D
Common Stock 08/16/2022 S 10 D $ 1.58 367,491 D
Common Stock 08/18/2022 S 120 D $ 1.3701 418,561 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
Common Stock 08/18/2022 S 996 D $ 1.35 417,565 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
Common Stock 08/23/2022 S 247 D $ 1.18 367,244 D
Common Stock 08/23/2022 S 6,053 D $ 1.17 361,191 D
Common Stock 08/23/2022 S 1,000 D $ 1.16 360,191 D
Common Stock 08/23/2022 S 7,600 D $ 1.1601 352,591 D
Common Stock 08/23/2022 S 5,690 D $ 1.1603 346,901 D
Common Stock 08/23/2022 S 6,595 D $ 1.1501 340,306 D
Common Stock 08/23/2022 S 2,992 D $ 1.15 337,314 D
Common Stock 08/23/2022 S 400 D $ 1.1503 336,914 D
Common Stock 08/23/2022 S 3,408 D $ 1.14 333,506 D
Common Stock 08/23/2022 S 4,300 D $ 1.1401 329,206 D
Common Stock 08/23/2022 S 1,200 D $ 1.1101 416,365 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
Common Stock 08/23/2022 S 2,741 D $ 1.11 413,624 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
Common Stock 08/23/2022 S 1,100 D $ 1.12 412,524 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
Common Stock 08/24/2022 S 2,300 D $ 1.1401 326,906 D
Common Stock 08/24/2022 S 203 D $ 1.14 326,703 D
Common Stock 08/24/2022 S 2,097 D $ 1.13 324,606 D
Common Stock 08/24/2022 S 4,000 D $ 1.135 320,606 D
Common Stock 08/24/2022 S 4,000 D $ 1.1267 408,524 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
Common Stock 08/24/2022 S 800 D $ 1.1201 407,724 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
Common Stock 08/24/2022 S 5,200 D $ 1.12 402,524 I By John E. Herzog Revocable Trust u/a/d 02/07/2014 ( 3 )
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 )See Remarks below concerning corrections to computations of Non-Derivative Securities beneficially owned by the Reporting Person.
( 2 )Reflects a transfer by the Reporting Person to The John E. Herzog Revocable Trust u/a/d 02/07/2014, of which the Reporting Person serves as a trustee.
( 3 )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.

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.

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