Eric van der Valk - Mar 23, 2024 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
EVP, COO
Signature
/s/ James J. Comitale as Attorney-In-Fact
Stock symbol
OLLI
Transactions as of
Mar 23, 2024
Transactions value $
-$133,795
Form type
4
Date filed
3/26/2024, 07:16 PM
Previous filing
Feb 22, 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 +1.94K +71.24% $0.00 4.66K Mar 23, 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability -$62.9K -805 -17.26% $78.17 3.86K Mar 23, 2024 Direct F3, F4
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $0 +2.15K +55.78% $0.00 6.01K Mar 25, 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability -$70.9K -893 -14.86% $79.36 5.12K Mar 25, 2024 Direct F3, F7

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 -1.94K -25% $0.00 5.82K Mar 23, 2024 Common Stock 1.94K Direct F1, F5, F6
transaction OLLI Restricted Stock Units Options Exercise $0 -2.15K -33.34% $0.00 4.3K Mar 25, 2024 Common Stock 2.15K Direct F1, F5, F8
* 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 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 7,761 RSUs, of which 1,940 of the RSUs vested on March 23, 2024; 1,941 of the RSUs vest on March 23, 2025; 1,940 of the RSUs vest on March 23, 2026; and 1,940 of the RSUs vest on March 23, 2027.
F7 The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 25, 2024.
F8 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 8,607 RSUs, of which 2,152 of the RSUs vested on March 25, 2023; 2,152 of the RSUs vested on March 25, 2024; 2,151 of the RSUs vest on March 25, 2025; and 2,152 of the RSUs vest on March 25, 2026.