The OLB Group, Inc. (OLB) Form 4/A OLB / John E Herzog ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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OMB Number:	3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Herzog John E

(Last) (First) (Middle)

824 HARBOR ROAD

(Street)

SOUTHPORT, CT 06890

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)
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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

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.

	/s/ John E. Herzog	02/13/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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