Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OLLI | Common Stock | Options Exercise | $0 | +1.96K | +7.07% | $0.00 | 29.6K | Mar 20, 2022 | Direct | F1, F2 |
transaction | OLLI | Common Stock | Tax liability | -$23.9K | -558 | -1.88% | $42.91 | 29.1K | Mar 20, 2022 | Direct | F3, F4 |
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 | -1.96K | -50% | $0.00 | 1.96K | Mar 20, 2022 | Common Stock | 1.96K | Direct | F1, F5, F6 |
Id | Content |
---|---|
F1 | Represents the conversion upon vesting restricted stock awards 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 opening market price as of March 21, 2022. |
F5 | Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock. |
F6 | The reporting person was granted 7,823 restricted stock units on March 20, 2019, of which 1,956 of the restricted stock units vested on March 20, 2022. The common stock into which such vested restricted stock units converted on March 20, 2022 is reported in Table I on this Form 4. The remaining unvested stock units will continue to vest with 1,956 of the restricted stock units vesting on March 20, 2023. |