John W. Swygert - Mar 25, 2022 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

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, 08:35 PM
Previous filing
Mar 24, 2022
Next filing
Mar 29, 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 +79.4K $0.00 79.4K Mar 25, 2022 Common Stock 79.4K $43.21 Direct F1
transaction OLLI Restricted Stock Units Award $0 +37K $0.00 37K Mar 25, 2022 Common Stock 37K 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 79,404 options, of which 19,851of the options vest on March 25, 2023; 19,851 of the options vest on March 25, 2024; 19,851 of the options vest on March 25, 2025 and 19,851 of the options vest on March 25, 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 37,028 restricted stock units, of which 9,257 vest on March 25, 2023; 9,257 vest on March 25, 2024; 9,257 vest on March 25, 2025 and 9,257 vest on March 25, 2026.