James J. Comitale - Mar 23, 2024 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role: SVP, General Counsel
Signature: /s/ James J. Comitale
Stock symbol: OLLI
Transactions as of: Mar 23, 2024
Transactions value $: -$72,842
Form type: 4
Date filed: 3/26/2024, 07:17 PM
Previous filing: Oct 19, 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	+862	+50.44%	$0.00	2.57K	Mar 23, 2024	Direct	F1, F2
transaction	OLLI	Common Stock, par value $0.01 per share	Tax liability	-$32K	-409	-15.91%	$78.17	2.16K	Mar 23, 2024	Direct	F3, F4
transaction	OLLI	Common Stock, par value $0.01 per share	Options Exercise	$0	+1.09K	+50.19%	$0.00	3.25K	Mar 25, 2024	Direct	F1, F2
transaction	OLLI	Common Stock, par value $0.01 per share	Tax liability	-$40.9K	-515	-15.86%	$79.36	2.73K	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	-862	-24.99%	$0.00	2.59K	Mar 23, 2024	Common Stock	862		Direct	F1, F5, F6
transaction	OLLI	Restricted Stock Units	Options Exercise	$0	-1.09K	-33.34%	$0.00	2.17K	Mar 25, 2024	Common Stock	1.09K		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 3,449 RSUs, of which 862 of the RSUs vested on March 23, 2024; 863 of the RSUs vest on March 23, 2025; 862 of the RSUs vest on March 23, 2026; and 862 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 4,339 RSUs, of which 1,085 of the RSUs vested on March 25, 2023; 1,085 of the RSUs vested on March 25, 2024; 1,084 of the RSUs vest on March 25, 2025; and 1,085 of the RSUs vest on March 25, 2026.