John W. Swygert - Jul 26, 2023 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
President & CEO, Director
Signature
/s/ James J. Comitale, as Attorney-in-Fact
Stock symbol
OLLI
Transactions as of
Jul 26, 2023
Transactions value $
-$1,623,858
Form type
4
Date filed
7/28/2023, 05:15 PM
Previous filing
Jun 1, 2023
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLLI Common Stock, par value $0.001 per share Options Exercise $95K +4.69K +9.73% $20.26 52.9K Jul 26, 2023 Direct F1
transaction OLLI Common Stock, par value $0.001 per share Sale -$344K -4.69K -8.87% $73.26 48.2K Jul 26, 2023 Direct F1, F2
transaction OLLI Common Stock, par value $0.001 per share Options Exercise $524K +25.9K +53.65% $20.26 74.1K Jul 27, 2023 Direct F1
transaction OLLI Common Stock, par value $0.001 per share Sale -$1.9M -25.9K -34.92% $73.44 48.2K Jul 27, 2023 Direct F1, F3

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) Options Exercise $0 -4.69K -13.4% $0.00 30.3K Jul 26, 2023 Common Stock 4.69K $20.26 Direct F1, F4
transaction OLLI Employee Stock Option (Right to Buy) Options Exercise $0 -25.9K -85.32% $0.00 4.45K Jul 27, 2023 Common Stock 25.9K $20.26 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transactions made pursuant to an agreement adopted on July 11, 2022, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.25-73.29, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.25-73.72, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Options vested and became exercisable in equal 25% installments on each anniversary date of the grant on March 7, 2016, subject to continued service through each applicable vesting date. The options vested in their entirety on March 7, 2020.