SEC Form 4 · accession 0000899243-16-023201
Ollie's Bargain Outlet Holdings, Inc. · OLLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Robert Bertram
Officer — VP and General Counsel
Period of report
Jun 16, 2016
Accepted (ET)
Jun 17, 2016 · 5:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001639300
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Jun 16, 2016 | M | 5,000 | $8.03 | A | 5,000 | D | |
| Common Stock, par value $0.001 per shareF1,F2 | Jun 16, 2016 | S | 5,000 | $23.16 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock Option (right to buy) | $8.03 | Jun 16, 2016 | M | 5,000 | D | Jun 10, 2015 | Jun 10, 2024 | Common Stock | 5,000 | 113,750 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.86 to $22.76, 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 (1) to this Form 4.
- F2On June 16, 2016, Mr. Bertram sold 5,000 shares of Common Stock pursuant to a plan of disposition adopted on April 15, 2016 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Accordingly Mr. Bertram had no discretion with regard to the timing of the transaction.