Filing Details

Accession Number:
0001140361-17-011254
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-09 17:25:57
Reporting Period:
2017-03-07
Filing Date:
2017-03-09
Accepted Time:
2017-03-09 17:25:57
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, Cfo 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 2017-03-07 4,349 $0.00 29,349 No 4 M Direct
Common Stock Disposition 2017-03-07 1,368 $31.05 27,981 No 4 F Direct
Common Stock Disposition 2017-03-09 2,981 $31.65 25,000 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 2017-03-07 4,349 $0.00 4,349 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
13,050 No 4 M Direct
Footnotes
  1. Represents the conversion upon vesting restricted stock awards into common stock. The reporting person was granted 17,399 restricted stock units on March 7, 2016, of which 4,349 of the restricted stock units vested on March 7, 2017; 4,350 of the restricted stock units vest on March 7, 2018; 4,350 of the restricted stock units vest on March 7, 2019 and 4,350 of the restricted stock units vest on March 7, 2020.
  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 7, 2017.
  5. 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.60 to $31.73 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 17,399 restricted stock units on March 7, 2016, of which 4,349 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 4,350 of the restricted stock units vesting on March 7, 2018; 4,350 of the restricted stock units vesting on March 7, 2019 and 4,350 of the restricted stock units vesting on March 7, 2020.