https://wiki.keyboardmaestro.com/token/VBAR
I have spent more than 15 minutes trying to understand that page, and the issue that really through me off is that, by a tremendous coincidence, there are exactly 11 characters both before and after the %|% in the first example. So I was looking at the first 11 characters, when I should have been looking at the second 11 characters.
Yes, once I read the whole thing, it made sense. But one shouldn't have to read the whole thing in order to make sense of an ambiguity earlier on. This would require such a trivial change to fix, I hope nobody objects. Just change the name from Nikola to nearly any other name, eg, Elizabeth.