SEC Form 4 · accession 0001140361-16-080424

Ollie's Bargain Outlet Holdings, Inc. · OLLI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Howard Freedman

Officer — VP, Merchandising

Period of report

Sep 19, 2016

Accepted (ET)

Sep 21, 2016 · 4:43 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
Common Stock, par value $0.001 per share	Sep 19, 2016	M	2,500	$11.54	A	32,680	D
Common Stock, par value $0.001 per share^F2	Sep 19, 2016	S	2,500	$25.03	D	30,180	D
Common Stock, par value $0.001 per share	Sep 19, 2016	M	3,500	$11.54	A	33,680	D
Common Stock, par value $0.001 per share^F3	Sep 19, 2016	S	3,500	$25.03	D	30,180	D
Common Stock, par value $0.001 per share	Sep 20, 2016	M	2,500	$11.54	A	32,680	D
Common Stock, par value $0.001 per share^F4	Sep 20, 2016	S	2,500	$25.61	D	30,180	D
Common Stock, par value $0.001 per share	Sep 20, 2016	M	3,000	$11.54	A	33,180	D
Common Stock, par value $0.001 per share^F5	Sep 20, 2016	S	3,000	$25.60	D	30,180	D
Common Stock, par value $0.001 per share	Sep 20, 2016	M	500	$6.48	A	30,680	D
Common Stock, par value $0.001 per share^F5	Sep 20, 2016	S	500	$25.60	D	30,180	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)^F6	$11.54	Sep 19, 2016	M	2,500	D	—	Mar 7, 2025	Common Stock	2,500	55,000	D
Employee stock Option (right to buy)^F6	$11.54	Sep 19, 2016	M	3,500	D	—	Mar 7, 2025	Common Stock	3,500	51,500	D
Employee stock Option (right to buy)^F6	$11.54	Sep 20, 2016	M	2,500	D	—	Mar 7, 2025	Common Stock	2,500	49,000	D
Employee stock Option (right to buy)^F6	$11.54	Sep 20, 2016	M	3,000	D	—	Mar 7, 2025	Common Stock	3,000	46,000	D
Employee stock Option (right to buy)^F7	$6.48	Sep 20, 2016	M	500	D	—	Sep 28, 2022	Common Stock	500	194,500	D

Explanation of responses

F1Transactions made pursuant to an agreement adopted on April 14, 2016 as amended July 8, 2016, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at an average price of $25.0308 per share. 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at an average price of $25.0309 per share. 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.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at an average price of $25.6118 per share. 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.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at an average price of $25.6033 per share. 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 (5) to this Form 4.
F6Options vest and become exercisable in equal 20% installments (11,500) on each anniversary date of the grant, March 10, 2015, subject to continued service through each applicable vesting date.
F7Options vest and become exercisable in equal 20% installments (46,000) on each anniversary date of the grant, September 28, 2012, subject to continued service through each applicable vesting date.