James J. Comitale - 18 Oct 2023 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role: SVP, General Counsel
Signature: By: /s/ James J Comitale
Issuer symbol: OLLI
Transactions as of: 18 Oct 2023
Net transactions value: -$14,851
Form type: 4
Filing time: 19 Oct 2023, 16:17:34 UTC
Previous filing: 28 Mar 2023
Next filing: 26 Mar 2024
SEC: View on sec.gov

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	$0	+705	+58%	$0.000000	1,915	18 Oct 2023	Direct	F1, F2
transaction	OLLI	Common Stock, par value $0.001 per share	Tax liability	$14,851	-206	-11%	$72.09	1,709	18 Oct 2023	Direct	F3, F4

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	Restricted Stock Units	Options Exercise	$0	-705	-33%	$0.000000	1,410	18 Oct 2023	Common Stock	705		Direct	F1, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the conversion upon vesting of a restricted stock award into common stock.
F2	Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
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.
F4	The price reported in column 4 is equivalent to the fair market value based on the closing market price as of October 18, 2023.
F5	Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock.
F6	The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, October 18, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 2,820 restricted stock units, of which 705 of the restricted stock units vested on October 18, 2022 and 705 of the restricted stock units vested on October 18, 2023. The common stock into which such vested restricted stock units converted on October 18, 2023 is reported in Table I on this Form 4. The remaining unvested stock units will continue to vest with 705 of the restricted stock units vesting on October 18, 2024; and 705 of the restricted stock units vesting on October 18, 2025.