X0306 4 2019-11-15 0001639300 Ollie's Bargain Outlet Holdings, Inc. OLLI 0001645281 Bertram Kenneth Robert C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC 6295 ALLENTOWN BOULEVARD, SUITE 1 HARRISBURG PA 17112 true VP, General Counsel Common Stock, par value $0.001 per share 2019-11-15 4 M 0 25750 8.03 A 41717 D Common Stock, par value $0.001 per share 2019-11-15 4 F 0 8897 64.24 D 32820 D Common Stock, par value $0.001 per share 2019-11-15 4 S 0 7853 64.71 D 24967 D Common Stock, par value $0.001 per share 2019-11-15 4 M 0 4375 16 A 29342 D Common Stock, par value $0.001 per share 2019-11-15 4 S 0 4375 64.71 D 24967 D Employee stock Option (right to buy) 8.03 2019-11-15 4 M 0 25750 0 D 2024-06-10 Common Stock 25750 0 D Employee stock Option (right to buy) 16 2019-11-15 4 M 0 4375 0 D 2025-07-15 Common Stock 4375 0 D Transactions made pursuant to an agreement adopted on September 13, 2019 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. 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 exercise of options. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.79 to $65.08 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 (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.49 to $64.87 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 (4) to this Form 4. Options vested and became exercisable in equal 20% installments (28,750) on each anniversary date of the grant, June 10, 2014. Options vested and became exercisable in equal 25% installments (4,375) on each anniversary date of the grant, July 15, 2015. By: /s/ Robert Bertram 2019-11-19