SEC Form 4 · accession 0001140361-17-013291
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
Mar 22, 2017
Accepted (ET)
Mar 24, 2017 · 4:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001639300
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $32.20 | Mar 22, 2017 | A | 10,890 | A | — | Mar 22, 2027 | Common Stock | 10,890 | 10,890 | D |
| Restricted Stock UnitsF2,F3 | — | Mar 22, 2017 | A | 3,571 | A | — | — | Common Stock | 3,571 | 3,571 | D |
Explanation of responses
- F1Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 22, 2017, subject to continued service through each applicable vesting date. The reporting person was granted 10,890 options, of which 2,722 of the options vest on March 22, 2018; 2,723 of the options vest on March 22, 2019; 2,722 of the options vest on March 22, 2020 and 2,723 of the options vest on March 22, 2021.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.
- F3The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, March 22, 2017, subject to continued service through each applicable vesting date. The reporting person was granted 3,571 restricted stock units on March 22, 2017, of which 892 of the restricted stock units vest on March 22, 2018; 893 of the restricted stock units vest on March 22, 2019; 893 of the restricted stock units vest on March 22, 2020 and 893 of the restricted stock units vest on March 22, 2021.