Eric van der Valk - 06 Jun 2023 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Jun 2023, 16:21:48 UTC
Prior SEC filing
05 May 2023
Next SEC filing
22 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ James J. Comitale as Attorney-In-Fact

Key filing fact

Eric van der Valk filed Form 4 for Ollie's Bargain Outlet Holdings, Inc. (OLLI) on 08 Jun 2023.

Key facts

  • This page summarizes Eric van der Valk's Form 4 filing for Ollie's Bargain Outlet Holdings, Inc. (OLLI).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Jun 2023, 16:21.

Change

  • Previous filing in this sequence was filed on 05 May 2023.
  • Current net transaction value: -$91,155.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OLLI transaction

Common Stock, par value $0.001 per share

Options Exercise

Transaction value
$0
Shares
+5,157
Change %
+189%
Price
$0.000000
Shares after
7,880
Date
06 Jun 2023
Ownership
Direct
Footnotes
F1, F2
OLLI transaction

Common Stock, par value $0.001 per share

Tax liability

Transaction value
$91,155
Shares
-1,470
Change %
-19%
Price
$62.01
Shares after
6,410
Date
06 Jun 2023
Ownership
Direct
Footnotes
F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OLLI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-5,157
Change %
-50%
Price
$0.000000
Shares after
5,157
Date
06 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,157
Exercise price
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents the conversion upon vesting of a restricted stock award into common stock.

Footnote F2

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Footnote F3

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

Footnote F4

The price reported in column 4 is equivalent to the fair market value based on the closing market price as of June 6, 2023

Footnote F5

Each restricted stock unit represents a contingent right to receive one share of common stock at vesting.

Footnote F6

50% of the restricted stock units vested and became exercisable on June 6, 2023, the first anniversary date of the grant, 25% of the restricted stock units vest and become exercisable on each of the second and third anniversaries of the date of grant, subject to continued service through each applicable vesting date. The reporting person was granted 10,314 restricted stock units on June 6, 2022, of which 5,157 vested on June 6, 2023; 2,579 will vest on June 6, 2024; and 2,578 will vest on June 6, 2025.

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