Ray Daugherty - Jul 20, 2021 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role: SVP, Supply Chain
Signature: By: /s/ Robert Bertram, as Attorney In-Fact
Stock symbol: OLLI
Transactions as of: Jul 20, 2021
Transactions value $: -$47,813
Form type: 4
Date filed: 7/22/2021, 04:01 PM
Previous filing: Jul 15, 2021

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	$59.4K	+1.13K	+201.25%	$52.65	1.69K	Jul 20, 2021	Direct	F1
transaction	OLLI	Common Stock, par value $0.001 per share	Sale	-$107K	-1.13K	-66.8%	$95.00	561	Jul 20, 2021	Direct	F1

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	Employee stock Option (right to buy)	Options Exercise	$0	-1.13K	-25.25%	$0.00	3.34K	Jul 20, 2021	Common Stock	1.13K	$52.65	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Transactions made pursuant to an agreement adopted on April 6, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2	Options vest and become exercisable in 25% installments on each anniversary date of the grant, February 5, 2018, subject to continued service through each applicable vesting date. The reporting person was granted 4,472 options, of which 1,118 of the options vested on February 5, 2019; 1,118 of the options vested on February 5, 2020; 1,118 of the options vested on February 5, 2021 and 1,118 of the options will vest on February 5, 2022.

Content

Transactions made pursuant to an agreement adopted on April 6, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

Options vest and become exercisable in 25% installments on each anniversary date of the grant, February 5, 2018, subject to continued service through each applicable vesting date. The reporting person was granted 4,472 options, of which 1,118 of the options vested on February 5, 2019; 1,118 of the options vested on February 5, 2020; 1,118 of the options vested on February 5, 2021 and 1,118 of the options will vest on February 5, 2022.