SEC Form 4 · accession 0001140361-16-086438
Ollie's Bargain Outlet Holdings, Inc. · OLLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Swygert
Officer — EVP, CFO
Period of report
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 4:22 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 | Nov 10, 2016 | M | 15,000 | $6.48 | A | 40,000 | D | |
| Common Stock, par value $0.001 per shareF2 | Nov 10, 2016 | S | 15,000 | $29.00 | D | 25,000 | 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)F3 | $6.48 | Nov 10, 2016 | M | 15,000 | D | — | Mar 11, 2024 | Common Stock | 15,000 | 72,000 | D |
Explanation of responses
- F1Transactions made pursuant to an agreement adopted on April 14, 2016 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2These shares were sold in multiple transactions. All transactions reported on this Form 4 were executed at a sale price of $29.00 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 in each discrete transaction.
- F3Options vest and become exercisable in equal 20% installments (23,000) on each anniversary date of the grant, March 11, 2014, subject to continued service through each applicable vesting date.