SEC Form 4 · accession 0001140361-17-045221
Ollie's Bargain Outlet Holdings, Inc. · OLLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Stasz
Officer — SVP Finance, CAO
Period of report
Dec 4, 2017
Accepted (ET)
Dec 6, 2017 · 7:00 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 | Dec 4, 2017 | M | 5,000 | $17.26 | A | 9,555 | D | |
| Common Stock, par value $0.001 per share | Dec 4, 2017 | S | 5,000 | $49.00 | D | 4,555 | D | |
| Common Stock, par value $0.001 per share | Dec 5, 2017 | M | 6,250 | $17.26 | A | 10,805 | D | |
| Common Stock, par value $0.001 per share | Dec 5, 2017 | F | 3,409 | $50.40 | D | 7,396 | D | |
| Common Stock, par value $0.001 per share | Dec 5, 2017 | M | 6,250 | $17.26 | A | 13,646 | D | |
| Common Stock, par value $0.001 per share | Dec 5, 2017 | S | 6,250 | $51.00 | D | 7,396 | 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 | $17.26 | Dec 4, 2017 | M | 5,000 | D | — | Nov 18, 2025 | Common Stock | 5,000 | 37,500 | D |
| Employee stock Option (right to buy)F3 | $17.26 | Dec 5, 2017 | M | 6,250 | D | — | Nov 18, 2025 | Common Stock | 6,250 | 31,250 | D |
| Employee stock Option (right to buy)F3 | $17.26 | Dec 5, 2017 | M | 6,250 | D | — | Nov 18, 2025 | Common Stock | 6,250 | 25,000 | D |
Explanation of responses
- F1Transactions made pursuant to an agreement adopted on September 12, 2017 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The transactions reported on this Form 4 resulted in the completion of said 10b5-1 agreement.
- F2Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the exercise of options.
- F3Options vest and become exercisable in equal 25% installments (12,500) on each anniversary date of the grant, November 18, 2015, subject to continued service through each applicable vesting date.