Robert F. Helm - Mar 23, 2024 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role: SVP/CFO
Signature: /s/ James J. Comitale as Attorney-In-Fact
Stock symbol: OLLI
Transactions as of: Mar 23, 2024
Transactions value $: -$47,996
Form type: 4
Date filed: 3/26/2024, 07:21 PM
Previous filing: Feb 22, 2024
Next filing: Mar 27, 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	+1.29K	+154.23%	$0.00	2.13K	Mar 23, 2024	Direct	F1, F2
transaction	OLLI	Common Stock, par value $0.01 per share	Tax liability	-$48K	-614	-28.79%	$78.17	1.52K	Mar 23, 2024	Direct	F3, F4

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	-1.29K	-25.01%	$0.00	3.88K	Mar 23, 2024	Common Stock	1.29K		Direct	F1, F5, F6

* 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 5,174 RSUs, of which 1,294 of the RSUs vested on March 23, 2024; 1,293 of the RSUs vest on March 23, 2025; 1,294 of the RSUs vest on March 23, 2026; and 1,293 of the RSUs vest on March 23, 2027.