James J. Comitale - Mar 25, 2022 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
SVP, General Counsel
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, 08:06 PM
Previous filing
Oct 26, 2021
Next filing
Oct 19, 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 +9.31K $0.00 9.31K Mar 25, 2022 Common Stock 9.31K $43.21 Direct F1
transaction OLLI Restricted Stock Units Award $0 +4.34K $0.00 4.34K Mar 25, 2022 Common Stock 4.34K 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 9,305 options, of which 2,327 of the options vest on March 25, 2023; 2,236 of the options vest on March 25, 2024; 2,236 of the options vest on March 25, 2025 and 2,236 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 granted 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 4,339 restricted stock units, of which 1,085 vest on March 25, 2023; 1,085 vest on March 25, 2024; 1,085 vest on March 25, 2025 and 1,084 vest on March 24, 2026.

Remarks:

See Exhibit 24.1 - Power of Attorney