Robert F. Helm - 17 Oct 2024 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
EVP/CFO
Signature
/s/ James J. Comitale as Attorney-In-Fact
Issuer symbol
OLLI
Transactions as of
17 Oct 2024
Net transactions value
-$63,235
Form type
4
Filing time
21 Oct 2024, 18:00:07 UTC
Previous filing
07 May 2024
Next filing
25 Mar 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 $0 +1,505 +74% $0.000000 3,526 17 Oct 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability $63,235 -670 -19% $94.38 2,856 17 Oct 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 -1,505 -33% $0.000000 3,008 17 Oct 2024 Common Stock 1,505 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 restricted stock awards into common stock ("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 October 17, 2024.
F5 Each RSU represents a contingent right to receive one share of Common Stock at vesting.
F6 The RSUs granted to the reporting person vest in 25% installments on each anniversary date of the grant, October 17, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 6,017 RSUs, of which 1,504 vested on October 17, 2023; 1,505 vested on October 17, 2024; 1,504 will vest on October 17, 2025; and 1,504 will vest on October 17, 2026.