SEC Form 4 · accession 0001140361-18-012865
Ollie's Bargain Outlet Holdings, Inc. · OLLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Hendrickson
Director
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 5:04 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 StockF2 | Mar 7, 2018 | M | 1,235 | $0.00 | A | 2,468 | D | |
| Common StockF3 | holding | — | — | — | 1,950 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | Mar 7, 2018 | M | 1,235 | D | — | — | Common Stock | 1,235 | 1,234 | D |
Explanation of responses
- F1Represents the conversion upon vesting restricted stock awards into common stock. The reporting person was granted 3,702 restricted stock units on March 7, 2016, of which 1,233 of the restricted stock units vested on March 7, 2017; 1,235 of the restricted stock units vested on March 7, 2018; and 1,234 of the restricted stock units will vest on March 7, 2019.
- F2Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
- F3Mr. Hendrickson has discretionary trading authority over an account owned by his sister-in-law. Mr. Hendrickson disclaims beneficial ownership of such shares other than any pecuniary interest therein.
- F4Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock.
- F5The reporting person was granted 3,702 restricted stock units on March 7, 2016, of which 1,235 of the restricted stock units vested on March 7, 2018. The common stock into which such vested restricted stock units converted on March 7, 2018 is reported in Table I on this Form 4. The remaining unvested stock units will continue to vest with 1,234 of the restricted stock units vesting on March 7, 2019.