Daugherty Ray 4
4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Mar 26, 2021
Insider Transaction Report
Form 4
Daugherty Ray
SVP, Supply Chain
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2021-03-24+848→ 848 total - Tax Payment
Common Stock, par value $0.001 per share
2021-03-24$81.97/sh−287$23,525→ 561 total - Exercise/Conversion
Restricted Stock Units
2021-03-24−848→ 2,542 total→ Common Stock (848 underlying)
Footnotes (6)
- [F1]Represents the conversion upon vesting restricted stock awards into common stock.
- [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 24, 2021.
- [F5]Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock.
- [F6]The reporting person was granted 3,390 restricted stock units on March 24, 2020, of which 848 of the restricted stock units vested on March 24, 2021. The common stock into which such vested restricted stock units converted on March 24, 2021 is reported in Table I on this Form 4. The remaining unvested stock units will continue to vest with 847 of the restricted stock units vesting on March 24, 2022; 848 of the restricted stock units vesting on March 24, 2023 and 847 of the restricted stock units vesting on March 24, 2024.