Eric van der Valk - Jun 6, 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: Jun 6, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/10/2022, 06:12 PM
Previous filing: May 4, 2022
Next filing: Mar 27, 2023

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	Award	$0	+10.3K		$0.00	10.3K	Jun 6, 2022	Common Stock	10.3K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.
F2	50% of the restricted stock units vest and become exercisable on the first anniversary date of the grant, and 25% of the restricted stock units vest and become exercisable on each of the second and third anniversaries of the date of grant, subject to continued service through each applicable vesting date. The reporting person was granted 10,314 restricted stock units on June 6, 2022, of which 5,157 vest on June 6, 2023; 2,579 vest on June 6, 2024; and 2,578 vest on June 6, 2025.

Content

Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.

50% of the restricted stock units vest and become exercisable on the first anniversary date of the grant, and 25% of the restricted stock units vest and become exercisable on each of the second and third anniversaries of the date of grant, subject to continued service through each applicable vesting date. The reporting person was granted 10,314 restricted stock units on June 6, 2022, of which 5,157 vest on June 6, 2023; 2,579 vest on June 6, 2024; and 2,578 vest on June 6, 2025.