Kevin McLain - Apr 1, 2025 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role: SVP, Merchandising
Signature: /s/ James J. Comitale as Attorney-In-Fact
Stock symbol: OLLI
Transactions as of: Apr 1, 2025
Transactions value $: -$41,696
Form type: 4
Date filed: 4/3/2025, 05:00 PM
Previous filing: Apr 2, 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 $0.001 per share	Options Exercise	$0	+842	+6.83%	$0.00	13.2K	Apr 1, 2025	Direct	F1, F2
transaction	OLLI	Common Stock, par value $0.001 per share	Tax liability	-$41.7K	-364	-2.76%	$114.55	12.8K	Apr 1, 2025	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	-842	-25%	$0.00	2.53K	Apr 1, 2025	Common Stock	842		Direct	F1, F5, F6
transaction	OLLI	Employee Stock Option (right to buy)	Award	$0	+2.28K		$0.00	2.28K	Apr 1, 2025	Common Stock	2.28K	$114.55	Direct	F7
transaction	OLLI	Restricted Stock Option	Award	$0	+1.09K		$0.00	1.09K	Apr 1, 2025	Common Stock	1.09K		Direct	F5, F8

* 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 ("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 April 1, 2025.
F5	Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
F6	RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 3,368 RSUs, of which 842 vested on April 1, 2025; 842 vest on April 1, 2026; 842 vest on April 1, 2027; and 842 vest on April 1, 2028.
F7	Options vest and become exercisable in 50% installments on each anniversary date of the grant, April 1, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 2,279 options, of which 1,140 vest on April 1, 2026; and 1,139 vest on April 1, 2027.
F8	RSUs vest and become exercisable in 50% installments on each anniversary date of the grant, April 1, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 1,091 RSUs, of which 546 vest on April 1, 2026; and 545 vest on April 1, 2027.