Robert F. Helm - 13 Dec 2023 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
SVP/CFO
Signature
/s/ James J. Comitale as Attorney-In-Fact
Issuer symbol
OLLI
Transactions as of
13 Dec 2023
Net transactions value
-$54,955
Form type
4
Filing time
15 Dec 2023, 16:30:16 UTC
Previous filing
19 Oct 2023
Next filing
22 Feb 2024
SEC
View on sec.gov

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 $161,220 +2,985 +278% $54.01 4,060 13 Dec 2023 Direct F1
transaction OLLI Common Stock, par value $0.001 per share Sale $196,476 -2,683 -66% $73.23 1,377 13 Dec 2023 Direct F1, F2
transaction OLLI Common Stock, par value $0.001 per share Sale $19,699 -269 -20% $73.23 1,108 13 Dec 2023 Direct F1, F2

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) Options Exercise $0 -2,985 -25% $0.000000 8,955 13 Dec 2023 Common Stock 2,985 $54.01 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transactions made pursuant to an agreement adopted on September 13, 2023, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 The price reported in column 4 is the price at which these shares were sold in a single transaction.
F3 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 vested 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.