Filing Details

Accession Number:
0001140361-19-005632
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-26 16:01:15
Reporting Period:
2019-03-22
Accepted Time:
2019-03-26 16:01:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1639300 Ollie's Bargain Outlet Holdings Inc. OLLI () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1276412 W John Swygert C/O Ollie'S Bargain Outlet Holdings, Inc
6295 Allentown Boulevard, Suite 1
Harrisburg PA 17112
Evp, Coo No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-03-22 2,941 $0.00 32,290 No 4 M Direct
Common Stock Disposition 2019-03-22 1,250 $79.43 31,040 No 4 F Direct
Common Stock Disposition 2019-03-25 1,691 $79.61 29,349 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2019-03-22 2,941 $0.00 2,941 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,881 No 4 M Direct
Footnotes
  1. Represents the conversion upon vesting restricted stock awards into common stock. The reporting person was granted 11,762 restricted stock units on March 22, 2017, of which 2,940 of the restricted stock units vested on March 22, 2018; 2,941 of the restricted stock units vested on March 22, 2019; 2,940 of the restricted stock units will vest on March 22, 2020 and 2,941 of the restricted stock units will vest on March 22, 2021.
  2. Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
  3. 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.
  4. The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 22, 2019.
  5. Transactions made pursuant to an agreement adopted on January 3, 2019 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.38 to $79.70 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.
  7. Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock.
  8. The reporting person was granted 11,762 restricted stock units on March 22, 2017, of which 2,941 of the restricted stock units vested on March 22, 2019. The common stock into which such vested restricted stock units converted on March 22, 2019 is reported in Table I on this Form 4. The remaining unvested stock units will continue to vest with 2,940 of the restricted stock units vesting on March 22, 2020 and 2,941 of the restricted stock units vesting on March 22, 2021.