Ollies Bargain Outlet Holdings Inc
For the period ended Aug 3, 2024. Filed Aug 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 3, 2024 · Filed Aug 29, 2024
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Item 5. Other Information
| ITEM 5. | OTHER INFORMATION |
|---|
During the thirteen weeks ended August 3, 2024, certain of our executives entered into written plans for the purchase or sale of our securities through a broker that are intended to satisfy the conditions specified in Rule 10b5-1(c) under the Exchange Act for an affirmative defense against liability for trading in securities on the basis of material nonpublic information.
The material terms of these trading plans are set forth in the table below.
| Director/Officer | Action & Date of Action | Commencement of Trading Period | Scheduled Termination of Trading Period (1) | Security Covered | Maximum Number of Securities to be Purchased or Sold Pursuant to the Rule 10b5-1 Trading Plan (2) | Covers Purchase or Sale? |
|---|---|---|---|---|---|---|
| Kevin McLain, Senior Vice President and General Merchandise Manager | Adoption June 17, 2024 | September 16, 2024 | June 17, 2025 | Common Stock | 19,471 | Sale |
| Eric van der Valk, President | Adoption June 20, 2024 | September 19, 2024 | June 20, 2025 | Common Stock | 14,574 | Sale |
| John Swygert, Chief Executive Officer | Adoption July 18, 2024 | October 17, 2024 | April 30, 2025 | Common Stock | 92,249 (3) | Sale |
| (1) | The plan is subject to earlier termination under certain circumstances specified in the plans, including upon the sale of all shares subject to the plan and upon either party to a plan giving notice of termination within the time prescribed under the plan. |
| (2) | Subject to adjustments for stock splits, stock combinations, stock dividends and other similar changes to our common stock. |
| (3) | The actual number of shares subject to be sold under the Rule 10b5-1 trading arrangement will be net of the number of shares withheld to satisfy certain costs and tax withholding obligations arising from the vesting of such awards and is not yet determinable. |
Index
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