James J. Comitale - 18 Oct 2021 Form 3 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Signature
/s/ James Comitale
Issuer symbol
OLLI
Transactions as of
18 Oct 2021
Net transactions value
$0
Form type
3
Filing time
26 Oct 2021, 16:01:43 UTC
Next filing
28 Mar 2022

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
holding OLLI Option (right to buy) 18 Oct 2021 Common Stock 7,100 $66.48 Direct F1
holding OLLI Restricted Stock Units 18 Oct 2021 Common Stock 2,820 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, October 18, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 7,100 options, of which 1,775 of the options vest on October 18, 2022; 1,775 of the options vest on October 18, 2023; 1,775 of the options vest on October 18, 2024 and 1,775 of the options vest on October 18, 2025.
F2 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 vest on October 18, 2022; 705 of the restricted stock units vest on October 18, 2023; 705 of the restricted stock units vest on October 18, 2024 and 705 of the restricted stock units vest on October 18, 2025.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.