Larry Kraus - 05 Jun 2024 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
SVP, CIO
Signature
/s/ James J. Comitale as Attorney-In-Fact
Issuer symbol
OLLI
Transactions as of
05 Jun 2024
Net transactions value
-$607,800
Form type
4
Filing time
07 Jun 2024, 17:20:13 UTC
Previous filing
03 Apr 2024
Next filing
18 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $110,574 +2,559 +134% $43.21 4,464 05 Jun 2024 Direct F1
transaction OLLI Common Stock, par value $0.01 per share Sale $230,310 -2,559 -57% $90.00 1,905 05 Jun 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $13,332 +428 +22% $31.15 2,333 05 Jun 2024 Direct F1
transaction OLLI Common Stock, par value $0.01 per share Sale $36,380 -428 -18% $85.00 1,905 05 Jun 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $162,093 +2,752 +144% $58.90 4,657 05 Jun 2024 Direct F1
transaction OLLI Common Stock, par value $0.01 per share Sale $234,663 -2,752 -59% $85.27 1,905 05 Jun 2024 Direct F1, F3
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $335,654 +8,090 +425% $41.49 9,995 05 Jun 2024 Direct F1
transaction OLLI Common Stock, par value $0.01 per share Sale $728,100 -8,090 -81% $90.00 1,905 05 Jun 2024 Direct F1, 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 Employee Stock Option (right to buy) Options Exercise $0 -2,559 -25% $0.000000 7,677 05 Jun 2024 Common Stock 2,559 $43.21 Direct F1, F5
transaction OLLI Employee Stock Option (right to buy) Options Exercise $0 -428 -100% $0.000000* 0 05 Jun 2024 Common Stock 428 $31.15 Direct F1, F6
transaction OLLI Employee Stock Option (right to buy) Options Exercise $0 -2,752 -100% $0.000000* 0 05 Jun 2024 Common Stock 2,752 $58.90 Direct F1, F7
transaction OLLI Employee Stock Option (right to buy) Options Exercise $0 -8,090 -75% $0.000000 2,696 05 Jun 2024 Common Stock 8,090 $41.49 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transactions made pursuant to an agreement adopted on September 8, 2023, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 The price reported in column 4 is the price at which these shares were sold in a single transaction.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00-85.81, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.00-90.05, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Options 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 10,236 options, of which 2,559 vested on March 25, 2023? 2,559 vested on March 25, 2024? 2,559 vest on March 25, 2025 ; and 2,559 vest on March 25, 2026.
F6 Options vest and become exercisable in 25% installments on each anniversary date of the grant, February 6, 2017, subject to continued service through each applicable vesting date. The options vested in their entirety on February 6, 2021.
F7 Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 28, 2018, subject to continued service through each applicable vesting date. The options vested in their entirety on March 28, 2022.
F8 Options 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 options vested in their entirety on March 24, 2024.