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

Role
SVP, Merchandising
Signature
/s/ James J. Comitale as Attorney-In-Fact
Stock symbol
OLLI
Transactions as of
Mar 22, 2024
Transactions value $
-$108,635
Form type
4
Date filed
3/26/2024, 07:15 PM
Previous filing
Mar 28, 2023
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 +632 +8.37% $0.00 8.19K Mar 22, 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability -$17K -218 -2.66% $78.17 7.97K Mar 22, 2024 Direct F3, F4
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $0 +1.08K +13.53% $0.00 9.05K Mar 23, 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability -$29K -371 -4.1% $78.17 8.68K Mar 23, 2024 Direct F3, F4
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $0 +1.21K +13.93% $0.00 9.89K Mar 24, 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability -$27.5K -352 -3.56% $78.17 9.53K Mar 24, 2024 Direct F3, F4
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $0 +1.52K +15.93% $0.00 11.1K Mar 25, 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability -$35.1K -442 -4% $79.36 10.6K Mar 25, 2024 Direct F3, F9

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 -632 -50% $0.00 632 Mar 22, 2024 Common Stock 632 Direct F1, F5, F6
transaction OLLI Restricted Stock Units Options Exercise $0 -1.08K -25% $0.00 3.23K Mar 23, 2024 Common Stock 1.08K Direct F1, F5, F7
transaction OLLI Restricted Stock Units Options Exercise $0 -1.21K -100% $0.00* 0 Mar 24, 2024 Common Stock 1.21K Direct F1, F5, F8
transaction OLLI Restricted Stock Units Options Exercise $0 -1.52K -33.34% $0.00 3.04K Mar 25, 2024 Common Stock 1.52K Direct F1, F5, F10
* 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 2,528 RSUs, of which 632 of the RSUs vested on March 22, 2022; 632 of the RSUs vested on March 22, 2023; 632 of the RSUs vested on March 22, 2024; and 632 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 4,312 RSUs, of which 1,078 of the RSUs vested on March 23, 2024; 1,078 of the RSUs vest on March 23, 2025; 1,078 of the RSUs vest on March 23, 2026; and 1,078 of the RSUs vest on March 23, 2027.
F8 The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, March 24, 2020, subject to continued service through each applicable vesting date. The reporting person was granted 4,836 RSUs, of which 1,209 of the RSUs vested on March 24, 2021; 1,209 of the RSUs vested on March 24, 2022; 1,209 of the RSUs vested on March 24, 2023; and 1,209 of the RSUs vested on March 24, 2024.
F9 The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 25, 2024.
F10 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 6,075 RSUs, of which 1,519 of the RSUs vested on March 25, 2023; 1,519 of the RSUs vested on March 25, 2024; 1,518 of the RSUs vest on March 25, 2025; and 1,519 of the RSUs vest on March 25, 2026.