James J. Comitale - Oct 18, 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
Oct 18, 2024
Transactions value $
-$28,129
Form type
4
Date filed
10/21/2024, 06:00 PM
Previous filing
Jul 19, 2024

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 +705 +25.81% $0.00 3.44K Oct 18, 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability -$28.1K -297 -8.64% $94.71 3.14K Oct 18, 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 -705 -50% $0.00 705 Oct 18, 2024 Common Stock 705 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 18, 2024.
F5 Each RSU represents a contingent right to receive one share of Common Stock at vesting.
F6 The reporting person was granted 2,820 RSUs, of which 705 vested on October 18, 2022; 705 vested on October 18, 2023; 705 vested on October 18, 2024; and 705 will vest on October 18, 2025, subject to continued service of the reporting person through the vesting date.