Eric van der Valk - Mar 25, 2022 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
EVP, COO
Signature
By: /s/ James J Comitale
Stock symbol
OLLI
Transactions as of
Mar 25, 2022
Transactions value $
$0
Form type
4
Date filed
3/28/2022, 06:34 PM
Next filing
May 4, 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
transaction OLLI Employee stock Option (right to buy) Award $0 +18.5K $0.00 18.5K Mar 25, 2022 Common Stock 18.5K $43.21 Direct F1
transaction OLLI Restricted Stock Units Award $0 +8.61K $0.00 8.61K Mar 25, 2022 Common Stock 8.61K 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, March 25, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 18,457 options, of which 4,615 of the options vest on March 25, 2023; 4,614 of the options vest on March 25, 2024; 4,614 of the options vest on March 25, 2025 and 4,614 of the options vest on March 24, 2026.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.
F3 The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, March 25, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 8,607 restricted stock units, of which 2,152 vest on March 25, 2023; 2,152 vest on March 25, 2024; 2,152 vest on March 25, 2025 and 2,151 vest on March 24, 2026.

Remarks:

See Exhibit 24.1 - Power of Attorney