Kevin McLain - Mar 28, 2022 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
SVP, Merchandising
Signature
By: /s/ James J. Comitale as Attorney-In-Fact
Stock symbol
OLLI
Transactions as of
Mar 28, 2022
Transactions value $
-$31,754
Form type
4
Date filed
3/29/2022, 04:41 PM
Previous filing
Mar 28, 2022
Next filing
Mar 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLLI Common Stock, par value $0.001 per share Options Exercise $0 +2.63K +159.64% $0.00 4.27K Mar 28, 2022 Direct F1, F2
transaction OLLI Common Stock, par value $0.001 per share Tax liability -$31.8K -753 -17.63% $42.17 3.52K Mar 28, 2022 Direct F3, F4

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 Restricted Stock Units Options Exercise $0 -2.63K -100% $0.00* 0 Mar 28, 2022 Common Stock 2.63K Direct F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 closing market price as of March 28, 2022.
F5 Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock.
F6 The restricted stock units granted on March 28, 2018 vested in their entirety on March 28, 2022.