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Filing Details

Accession Number:: 0001140361-17-011232
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-03-09 17:06:30
Reporting Period:: 2017-03-07

Filing Date:: 2017-03-09
Accepted Time:: 2017-03-09 17:06:30
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1639300	Ollie's Bargain Outlet Holdings Inc.	OLLI	Retail-Variety Stores (5331)	800848819

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1645320	Howard Freedman	C/O Ollie'S Bargain Outlet Holdings, Inc 6295 Allentown Boulevard, Suite 1 Harrisburg PA 17112	Vp, Merchandising	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2017-03-07	1,480	$0.00	31,660	No	4	M	Direct
Common Stock	Disposition	2017-03-07	530	$31.05	31,130	No	4	F	Direct
Common Stock	Disposition	2017-03-09	950	$31.67	30,180	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2017-03-07	1,480	$0.00	1,480	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,443			No	4	M	Direct

Footnotes

Represents the conversion upon vesting restricted stock awards into common stock. The reporting person was granted 5,923 restricted stock units on March 7, 2016, of which 1,480 of the restricted stock units vested on March 7, 2017; 1,481 of the restricted stock units vest on March 7, 2018; 1,481 of the restricted stock units vest on March 7, 2019 and 1,481 of the restricted stock units vest on March 7, 2020.
Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
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.
The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 7, 2017.
Transactions made pursuant to an agreement adopted on January 4, 2017 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.65 to $31.70 per share, inclusive. The reporting person undertakes to provide to Ollie's Bargain Outlet Holdings, Inc., any security holder of Ollie's Bargain Outlet Holdings, Inc., 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 ranges set forth in footnote (6) to this Form 4.
Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock.
The reporting person was granted 5,923 restricted stock units on March 7, 2016, of which 1,480 of the restricted stock units vested on March 7, 2017. The common stock into which such vested restricted stock units converted on March 7, 2017 is reported in Table I on this Form 4. The remaining unvested stock units will continue to vest with 1,481 of the restricted stock units vesting on March 7, 2018; 1,481 of the restricted stock units vesting on March 7, 2019 and 1,481 of the restricted stock units vesting on March 7, 2020.