Robert F. Helm - 18 Oct 2022 Form 3 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Signature
/s/ James Comitale
Issuer symbol
OLLI
Transactions as of
18 Oct 2022
Net transactions value
$0
Form type
3
Filing time
18 Oct 2022, 16:34:03 UTC
Previous filing
31 May 2022
Next filing
27 Mar 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
holding OLLI Employee Stock Option (right to buy) 18 Oct 2022 Common Stock 11,940 $54.01 Direct F1
holding OLLI Restricted Stock Units 18 Oct 2022 Common Stock 6,017 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, October 17, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 11,940 options, of which 2,985 of the options vest on October 17, 2023; 2,985 of the options vest on October 17, 2024; 2,985 of the options vest on October 17, 2025 and 2,985 of the options vest on October 17, 2026.
F2 The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, October 17, 2022 subject to continued service through each applicable vesting date. The reporting person was granted 6,017 restricted stock units, of which 1,504 of the restricted stock units vest on October 17, 2023; 1,504 of the restricted stock units vest on October 17, 2024; 1,504 of the restricted stock units vest on October 17, 2025 and 1,505 of the restricted stock units vest on October 17, 2026.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.

Remarks:

Senior Vice President, Chief Financial Officer. See Exhibit 24.1 - Power of Attorney