Kevin McLain - Mar 23, 2023 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
SVP, Merchandising
Signature
/s/ James J. Comitale as Attorney-In-Fact
Stock symbol
OLLI
Transactions as of
Mar 23, 2023
Transactions value $
$0
Form type
4
Date filed
3/27/2023, 07:20 PM
Previous filing
Mar 24, 2023
Next filing
Mar 28, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OLLI Employee Stock Option (right to buy) Award $0 +8.58K $0.00 8.58K Mar 23, 2023 Common Stock 8.58K $57.98 Direct F1
transaction OLLI Restricted Stock Units Award $0 +4.31K $0.00 4.31K Mar 23, 2023 Common Stock 4.31K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 8,582 options, of which 2,145 of the options vest on March 23, 2024; 2,145 of the options vest on March 23, 2025; 2,146 of the options vest on March 23, 2026 and 2,146 of the options vest on March 23, 2027.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock at vesting.
F3 The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, March 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 4,312 restricted stock units, of which 1,078 vest on March 23, 2024; 1,078 vest on March 23, 2025; 1,078 vest on March 23, 2026 and 1,078 vest on March 23, 2027.