Kenneth Robert Bertram - Aug 3, 2021 Form 4 Insider Report for Ollie's Bargain Outlet Holdings, Inc. (OLLI)

Role
SVP, General Counsel
Signature
/s/ Robert Bertram
Stock symbol
OLLI
Transactions as of
Aug 3, 2021
Transactions value $
-$232,980
Form type
4
Date filed
8/5/2021, 04:01 PM
Next filing
Jun 22, 2023

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 $57.6K +1.79K +6.13% $32.20 31K Aug 3, 2021 Direct F1
transaction OLLI Common Stock, par value $0.001 per share Sale -$167K -1.79K -5.77% $93.18 29.2K Aug 3, 2021 Direct F1, F2
transaction OLLI Common Stock, par value $0.001 per share Options Exercise $80.5K +1.37K +4.68% $58.90 30.6K Aug 3, 2021 Direct F1
transaction OLLI Common Stock, par value $0.001 per share Sale -$127K -1.37K -4.47% $93.13 29.2K Aug 3, 2021 Direct F1, F3
transaction OLLI Common Stock, par value $0.001 per share Options Exercise $147K +1.85K +6.32% $79.89 31K Aug 3, 2021 Direct F1
transaction OLLI Common Stock, par value $0.001 per share Sale -$172K -1.85K -5.94% $93.19 29.2K Aug 3, 2021 Direct F1, F4
transaction OLLI Common Stock, par value $0.001 per share Sale -$52.6K -574 -1.97% $91.62 28.6K Aug 3, 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 -1.79K -100% $0.00* 0 Aug 3, 2021 Common Stock 1.79K $32.20 Direct F1, F5
transaction OLLI Employee stock Option (right to buy) Options Exercise $0 -1.37K -50% $0.00 1.37K Aug 3, 2021 Common Stock 1.37K $58.90 Direct F1, F6
transaction OLLI Employee stock Option (right to buy) Options Exercise $0 -1.85K -40.86% $0.00 2.67K Aug 3, 2021 Common Stock 1.85K $79.89 Direct F1, F7
* 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 June 18, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The transactions reported on this Form 4 resulted in the completion of said 10b5-1 agreement.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.57 to $94.68 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 (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.57 to $94.55 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 (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.57 to $94.47 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 (4) to this Form 4.
F5 Options vested and became exercisable in 25% installments on each anniversary date of the grant, March 22, 2017, subject to continued service through each applicable vesting date. The reporting person was granted 7,156 options, of which 1,789 of the options vested on March 22, 2018; 1,789 of the options vested on March 22, 2019; 1,789 of the options vested on March 22, 2020 and 1,789 of the options vested on March 22, 2021.
F6 Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 28, 2018, subject to continued service through each applicable vesting date. The reporting person was granted 5,464 options, of which 1,366 of the options vested on March 28, 2019; 1,366 of the options vested on March 28, 2020; 1,366 of the options vested on March 28, 2021 and 1,366 of the options will vest on March 28, 2022.
F7 Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 20, 2019, subject to continued service through each applicable vesting date. The reporting person was granted 5,265 options, of which 1,316 of the options vested on March 20, 2020; 1,316 of the options vested on March 20, 2021; 1,316 of the options will vest on March 20, 2022 and 1,317 of the options will vest on March 20, 2023.