4//SEC Filing
Butler Mark L 4
Accession 0001140361-19-005633
CIK 0001639300other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 4:04 PM ET
Size
10.9 KB
Accession
0001140361-19-005633
Insider Transaction Report
Form 4
Butler Mark L
DirectorPresident, CEO and Chairman10% Owner
Transactions
- Tax Payment
Common Stock
2019-03-22$79.43/sh−3,315$263,310→ 2,501,971 total - Exercise/Conversion
Restricted Stock Units
2019-03-22−8,016→ 16,033 total→ Common Stock (8,016 underlying) - Exercise/Conversion
Common Stock
2019-03-22+8,016→ 2,505,286 total
Holdings
- 6,002,695(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]Represents the conversion upon vesting restricted stock awards into common stock. The reporting person was granted 32,065 restricted stock units on March 22, 2017, of which 8,016 of the restricted stock units vested on March 22, 2018; 8,016 of the restricted stock units vested on March 22, 2019; 8,016 of the restricted stock units will vest on March 22, 2020 and 8,017 of the restricted stock units will vest on March 22, 2021.
- [F2]Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
- [F3]Exempt 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 vesting of restricted stock units.
- [F4]The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 22, 2019.
- [F5]Held directly by the Mark L. Butler 2012 DE Dynasty Trust, of which the Reporting Person serves as Investment Direction Advisor. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F6]Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock.
- [F7]The reporting person was granted 32,065 restricted stock units on March 22, 2017, of which 8,016 of the restricted stock units vested on March 22, 2019. The common stock into which such vested restricted stock units converted on March 22, 2019 is reported in Table I on this Form 4. The remaining unvested stock units will continue to vest with 8,016 of the restricted stock units vesting on March 22, 2020 and 8,017 of the restricted stock units vesting on March 22, 2021.
Documents
Issuer
Ollie's Bargain Outlet Holdings, Inc.
CIK 0001639300
Entity typeother
Related Parties
1- filerCIK 0001645283
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 4:04 PM ET
- Size
- 10.9 KB