JOHN W. SWYGERT - 22 Mar 2024 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Signature
/s/ James J. Comitale as Attorney-In-Fact
Issuer symbol
OLLI
Transactions as of
22 Mar 2024
Net transactions value
-$712,229
Form type
4
Filing time
26 Mar 2024, 19:15:21 UTC
Previous filing
28 Feb 2024
Next filing
03 Apr 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 +4,650 +9.6% $0.000000 52,850 22 Mar 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability $158,138 -2,023 -3.8% $78.17 50,827 22 Mar 2024 Direct F3, F4
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $0 +6,899 +14% $0.000000 57,726 23 Mar 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability $234,588 -3,001 -5.2% $78.17 54,725 23 Mar 2024 Direct F3, F4
transaction OLLI Common Stock, par value $0.01 per share Options Exercise $0 +9,257 +17% $0.000000 63,982 25 Mar 2024 Direct F1, F2
transaction OLLI Common Stock, par value $0.01 per share Tax liability $319,503 -4,026 -6.3% $79.36 59,956 25 Mar 2024 Direct F3, F8

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 -4,650 -50% $0.000000 4,649 22 Mar 2024 Common Stock 4,650 Direct F1, F5, F6
transaction OLLI Restricted Stock Units Options Exercise $0 -6,899 -25% $0.000000 20,697 23 Mar 2024 Common Stock 6,899 Direct F1, F5, F7
transaction OLLI Restricted Stock Units Options Exercise $0 -9,257 -33% $0.000000 18,514 25 Mar 2024 Common Stock 9,257 Direct F1, F5, F9
* 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 22, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 18,598 RSUs, of which 4,650 of the RSUs vested on March 22, 2022; 4,649 of the RSUs vested on March 22, 2023; 4,650 of the RSUs vested on March 22, 2024; and 4,649 of the RSUs vest on March 22, 2025.
F7 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 27,596 RSUs, of which 6,899 of the RSUs vested on March 23, 2024; 6,899 of the RSUs vest on March 23, 2025; 6,899 of the RSUs vest on March 23, 2026; and 6,899 of the RSUs vest on March 23, 2027.
F8 The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 25, 2024.
F9 The RSUs 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 37,028 RSUs, of which 9,257 of the RSUs vested on March 25, 2023; 9,257 of the RSUs vested on March 25, 2024; 9,257 of the RSUs vest on March 25, 2025; and 9,257 of the RSUs vest on March 25, 2026.