X0407 4 2023-03-25 0001639300 Ollie's Bargain Outlet Holdings, Inc. OLLI 0001813604 Kraus Larry C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC 6295 ALLENTOWN BOULEVARD, SUITE 1 HARRISBURG PA 17112 0 1 0 0 VP, CIO 0 Common Stock, par value $0.001 per share 2023-03-25 4 M 0 1193 0 A 6271 D Common Stock, par value $0.001 per share 2023-03-25 4 F 0 343 58.10 D 5928 D Restricted Stock Units 2023-03-25 4 M 0 1193 0 D Common Stock 1193 3580 D Represents the conversion upon vesting of a restricted stock award 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 March 24, 2023. Each restricted stock unit represents a contingent right to receive one share of common stock at vesting. The restricted stock units granted vest and become exercisable in 25% installments on each anniversary date of the grant, March 25, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 4,773 restricted stock units, of which 1,193 vested on March 25, 2023; 1,194 vest on March 25, 2024; 1,193 vest on March 25, 2025 and 1,193 vest on March 25, 2026. /s/ James J. Comitale as Attorney-In-Fact 2023-03-28