X0306 4 2021-06-24 0001639300 Ollie's Bargain Outlet Holdings, Inc. OLLI 0001813601 Osborne Scott C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC 6295 ALLENTOWN BOULEVARD, SUITE 1 HARRISBURG PA 17112 true VP, Store Operations Common Stock, par value $0.001 per share 2021-06-24 4 M 0 78 0 A 560 D Common Stock, par value $0.001 per share 2021-06-24 4 F 0 23 84.75 D 537 D Restricted Stock Units 2021-06-24 4 M 0 78 0 D Common Stock 78 156 D Represents the conversion upon vesting restricted stock awards into common stock. 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 June 24, 2021. Each restricted stock award is the economic equivalent of one share of Ollie's Bargain Outlet Holdings, Inc. common stock. The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, June 24, 2019, subject to continued service through each applicable vesting date. The reporting person was granted 311 restricted stock units, of which 77 of the restricted stock units vested on June 24, 2020; 78 of the restricted stock units vested on June 24, 2021; 78 of the restricted stock units will vest on June 24, 2022 and 78 of the restricted stock units will vest on June 24, 2023. By: /s/ Robert Bertram as Attorney-In-Fact 2021-06-28