X0306 4 2019-01-05 0001639300 Ollie's Bargain Outlet Holdings, Inc. OLLI 0001276412 SWYGERT JOHN W C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC 6295 ALLENTOWN BOULEVARD, SUITE 1 HARRISBURG PA 17112 true EVP, COO Common Stock 2019-01-05 4 M 0 233 0 A 29426 D Common Stock 2019-01-05 4 F 0 77 69.25 D 29349 D Restricted Stock Units 2019-01-05 4 M 0 233 0 D Common Stock 233 702 D Represents the conversion upon vesting restricted stock awards into common stock. The reporting person was granted 935 restricted stock units on January 5, 2018, of which 233 of the restricted stock units vested on January 5, 2019; 234 of the restricted stock units will vest on January 5, 2020; 234 of the restricted stock units will vest on January 5, 2021 and 234 of the restricted stock units will vest on January 5, 2022. Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis. 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. The price reported in column 4 is equivalent to the fair market value based on the closing market price as of January 4, 2019. Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock. The reporting person was granted 935 restricted stock units on January 5, 2018, of which 233 of the restricted stock units vested on January 5, 2019. The common stock into which such vested restricted stock units converted on January 5, 2019 is reported in Table I on this Form 4. The remaining unvested stock units will continue to vest with 234 of the restricted stock units vesting on January 5, 2020; 234 of the restricted stock units vesting on January 5, 2021 and 234 of the restricted stock units vesting on January 5, 2022. By: /s/ Robert Bertram as Attorney-In-Fact 2019-01-08