John W. Swygert - Mar 22, 2024 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role: President, CEO, Director
Signature: /s/ James J. Comitale as Attorney-In-Fact
Stock symbol: OLLI
Transactions as of: Mar 22, 2024
Transactions value $: -$712,229
Form type: 4
Date filed: 3/26/2024, 07:15 PM
Previous filing: Feb 28, 2024
Next filing: Apr 3, 2024

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	+4.65K	+9.65%	$0.00	52.9K	Mar 22, 2024	Direct	F1, F2
transaction	OLLI	Common Stock, par value $0.01 per share	Tax liability	-$158K	-2.02K	-3.83%	$78.17	50.8K	Mar 22, 2024	Direct	F3, F4
transaction	OLLI	Common Stock, par value $0.01 per share	Options Exercise	$0	+6.9K	+13.57%	$0.00	57.7K	Mar 23, 2024	Direct	F1, F2
transaction	OLLI	Common Stock, par value $0.01 per share	Tax liability	-$235K	-3K	-5.2%	$78.17	54.7K	Mar 23, 2024	Direct	F3, F4
transaction	OLLI	Common Stock, par value $0.01 per share	Options Exercise	$0	+9.26K	+16.92%	$0.00	64K	Mar 25, 2024	Direct	F1, F2
transaction	OLLI	Common Stock, par value $0.01 per share	Tax liability	-$320K	-4.03K	-6.29%	$79.36	60K	Mar 25, 2024	Direct	F3, F8

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	-4.65K	-50.01%	$0.00	4.65K	Mar 22, 2024	Common Stock	4.65K		Direct	F1, F5, F6
transaction	OLLI	Restricted Stock Units	Options Exercise	$0	-6.9K	-25%	$0.00	20.7K	Mar 23, 2024	Common Stock	6.9K		Direct	F1, F5, F7
transaction	OLLI	Restricted Stock Units	Options Exercise	$0	-9.26K	-33.33%	$0.00	18.5K	Mar 25, 2024	Common Stock	9.26K		Direct	F1, F5, F9

* 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 of a restricted stock award 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 22, 2024.
F5	Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
F6	The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, March 22, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 18,598 RSUs, of which 4,650 of the RSUs vested on March 22, 2022; 4,649 of the RSUs vested on March 22, 2023; 4,650 of the RSUs vested on March 22, 2024; and 4,649 of the RSUs vest on March 22, 2025.
F7	The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, March 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 27,596 RSUs, of which 6,899 of the RSUs vested on March 23, 2024; 6,899 of the RSUs vest on March 23, 2025; 6,899 of the RSUs vest on March 23, 2026; and 6,899 of the RSUs vest on March 23, 2027.
F8	The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 25, 2024.
F9	The RSUs 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 RSUs, of which 9,257 of the RSUs vested on March 25, 2023; 9,257 of the RSUs vested on March 25, 2024; 9,257 of the RSUs vest on March 25, 2025; and 9,257 of the RSUs vest on March 25, 2026.