Butler Mark L 4
4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Mar 22, 2019
Insider Transaction Report
Form 4
Butler Mark L
DirectorPresident, CEO and Chairman10% Owner
Transactions
- Award
Employee stock Option (right to buy)
2019-03-20+51,945→ 51,945 totalExercise: $79.89Exp: 2029-03-20→ Common Stock (51,945 underlying) - Award
Restricted Stock Units
2019-03-20+16,210→ 16,210 total→ Common Stock (16,210 underlying)
Footnotes (3)
- [F1]Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 20, 2019, subject to continued service through each applicable vesting date. The reporting person was granted 51,945 options, of which 12,986 of the options vest on March 20, 2020; 12,986 of the options vest on March 20, 2021; 12,986 of the options vest on March 20, 2022 and 12,987 of the options vest on March 20, 2023.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.
- [F3]The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, March 20, 2019, subject to continued service through each applicable vesting date. The reporting person was granted 16,210 restricted stock units on March 20, 2019, of which 4,052 of the restricted stock units vest on March 20, 2020; 4,053 of the restricted stock units vest on March 20, 2021; 4,052 of the restricted stock units vest on March 20, 2022 and 4,053 of the restricted stock units vest on March 20, 2023.