4//SEC Filing
Butler Mark L 4
Accession 0001140361-19-004702
CIK 0001639300other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:00 PM ET
Size
10.8 KB
Accession
0001140361-19-004702
Insider Transaction Report
Form 4
Butler Mark L
DirectorPresident, CEO and Chairman10% Owner
Transactions
- Exercise/Conversion
Common Stock
2019-03-07+11,753→ 2,500,495 total - Tax Payment
Common Stock
2019-03-07$81.00/sh−3,225$261,225→ 2,497,270 total - Exercise/Conversion
Restricted Stock Units
2019-03-07−11,753→ 11,754 total→ Common Stock (11,753 underlying)
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 47,014 restricted stock units on March 7, 2016, of which 11,753 of the restricted stock units vested on March 7, 2017; 11,754 of the restricted stock units vested on March 7, 2018; 11,753 of the restricted stock units vested on March 7, 2019 and 11,754 of the restricted stock units will vest on March 7, 2020.
- [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 7, 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 47,014 restricted stock units on March 7, 2016, of which 11,753 of the restricted stock units vested on March 7, 2019. The common stock into which such vested restricted stock units converted on March 7, 2019 is reported in Table I on this Form 4. The remaining 11,754 unvested stock units will vest in their entirety on March 7, 2020.
Documents
Issuer
Ollie's Bargain Outlet Holdings, Inc.
CIK 0001639300
Entity typeother
Related Parties
1- filerCIK 0001645283
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:00 PM ET
- Size
- 10.8 KB