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

Role
President
Signature
/s/ James J. Comitale as Attorney-In-Fact
Issuer symbol
OLLI
Transactions as of
23 Sep 2024
Net transactions value
-$252,572
Form type
4
Filing time
25 Sep 2024, 17:00:06 UTC
Previous filing
07 Jun 2024
Next filing
05 Feb 2025
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 $286,051 +3,241 +58% $88.26 8,856 23 Sep 2024 Direct F1
transaction OLLI Common Stock, par value $0.01 per share Sale $325,591 -3,241 -37% $100.46 5,615 23 Sep 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $99,685 +2,307 +41% $43.21 7,922 23 Sep 2024 Direct F1
transaction OLLI Common Stock, par value $0.01 per share Sale $231,577 -2,307 -29% $100.38 5,615 23 Sep 2024 Direct F1, F3
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $111,959 +1,931 +34% $57.98 7,546 23 Sep 2024 Direct F1
transaction OLLI Common Stock, par value $0.01 per share Sale $193,100 -1,931 -26% $100.00 5,615 23 Sep 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 -3,241 -37% $0.000000 5,402 23 Sep 2024 Common Stock 3,241 $88.26 Direct F1, F5
transaction OLLI Employee Stock Option (right to buy) Options Exercise $0 -2,307 -17% $0.000000 11,536 23 Sep 2024 Common Stock 2,307 $43.21 Direct F1, F6
transaction OLLI Employee Stock Option (right to buy) Options Exercise $0 -1,931 -12% $0.000000 13,517 23 Sep 2024 Common Stock 1,931 $57.98 Direct F1, F7
* 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 June 20, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00-100.66, 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.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00-100.54, 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 the price at which these shares were sold in a single transaction.
F5 Options vest and become exercisable in 25% installments on each anniversary date of the grant, May 3, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 8,643 options, of which 2,161 vested on May 3, 2022; 2,161 vested on May 3, 2023; 2,160 vested on May 3, 2024; and 2,161 vest on May 3, 2025.
F6 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 18,457 options, of which 4,614 vested on March 25, 2023; 4,615 vested on March 25, 2024; 4,614 vest on March 25, 2025; and 4,614 vest on March 25, 2026.
F7 Options 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 15,448 options, of which 3,862 vested on March 23, 2024; 3,862 vest on March 23, 2025; 3,862 vest on March 23, 2026; and 3,862 vest on March 23, 2027.