SEC Form 4 · accession 0001140361-16-055092
Ollie's Bargain Outlet Holdings, Inc. · OLLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark L Butler
Officer — President, CEO and Chairman · Director · 10% Owner
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 2:34 pm EST
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 | Feb 24, 2016 | M | 1,000,000 | $6.48 | A | 7,222,305 | D | |
| Common stock, par value $0.001 per shareF1,F2 | Feb 24, 2016 | S | 2,000,000 | $19.75 | D | 5,222,305 | D | |
| Common stock, par value $0.001 per shareF3 | holding | — | — | — | 7,002,695 | I | By Trust |
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) | $6.48 | Feb 24, 2016 | M | 1,000,000 | D | Sep 28, 2013 | Sep 28, 2022 | Common Stock | 1,000,000 | 1,533,450 | D |
Explanation of responses
- F1The shares were sold by the Reporting Person in a registered underwritten secondary offering pursuant to an underwriting agreement entered into on February 18, 2016.
- F2Represents public offering price of $19.75 per share.
- F3Held directly by the Mark L. Butler 2012 DE Dynasty Trust, of which the Reporting Person serves as Investment Direction Advisor. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.