Ollie's Bargain Outlet (OLLI) Form 4 Ollie's Bargain Outlet / Omar Segura ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Segura Omar

(Last) (First) (Middle)

C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC

6295 ALLENTOWN BOULEVARD, SUITE 1

(Street)

HARRISBURG PA 17112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ollie's Bargain Outlet Holdings, Inc. [ OLLI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Store Operations

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	03/13/2019		M(1)		46,000	A	$6.48	46,000	D
Common Stock, par value $0.001 per share	03/13/2019		S(1)		46,000	D	$80.12(2)	0	D
Common Stock, par value $0.001 per share	03/13/2019		M(1)		11,500	A	$11.54	11,500	D
Common Stock, par value $0.001 per share	03/13/2019		S(1)		11,500	D	$80.12(2)	0	D
Common Stock, par value $0.001 per share	03/13/2019		M(1)		5,823	A	$20.26	5,823	D
Common Stock, par value $0.001 per share	03/13/2019		S(1)		5,823	D	$80.12(2)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock Option (right to buy)	$6.48	03/13/2019		M(1)			46,000	(3)	03/11/2024	Common Stock	46,000	$0	10,000	D
Employee stock Option (right to buy)	$11.54	03/13/2019		M(1)			11,500	(4)	03/10/2025	Common Stock	11,500	$0	11,500	D
Employee stock Option (right to buy)	$20.26	03/13/2019		M(1)			5,823	(5)	03/07/2026	Common Stock	5,823	$0	5,823	D

Explanation of Responses:

1. Transactions made pursuant to an agreement adopted on December 12, 2018 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The transactions reported on this Form 4 resulted in the completion of said 10b5-1 agreement.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.47 per share, inclusive. The reporting person undertakes to provide to Ollie's Bargain Outlet Holdings, Inc., any security holder of Ollie's Bargain Outlet Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

3. Options vest and become exercisable in equal 20% installments (46,000) on each anniversary date of the grant, March 11, 2014, subject to continued service through each applicable vesting date.

4. Options vest and become exercisable in equal 20% installments (11,500) on each anniversary date of the grant, March 10, 2015, subject to continued service through each applicable vesting date.

5. Options vest and become exercisable in equal 25% installments (5,823) on each anniversary date of the grant, March 7, 2016, subject to continued service through each applicable vesting date.

	By: /s/ Robert Bertram as Attorney-In-Fact	03/15/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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