Ollie’s Bargain Outlet (OLLI) SVP GC reports initial RSU and option grants
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. filed an initial Form 3 for SVP and general counsel Jared Shure. The filing reports 3,092 restricted stock units and 6,918 employee stock options, exercisable at $80.86 per share, scheduled to vest in 25% annual installments from June 1, 2027 through June 1, 2030, subject to continued service.
Positive
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Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shure Jared
Role
SVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 6,918 shares (Direct);
Restricted Stock Units — 3,092 shares (Direct)
Footnotes (3)
- F1. Options vest and become exercisable in 25% installments on each anniversary date of the grant, June 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 6,918 options, of which 1,729 vest on June 1, 2027; 1,730 vest on June 1, 2028; 1,729 vest on June 1, 2029; and 1,730 vest on June 1, 2030.
- F2. The restricted stock units ("RSUs") vest and become exercisable in 25% installments on each anniversary date of the grant, June 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 3,092 RSUs, of which 773 vest on June 1, 2027; 773 vest on June 1, 2028; 773 vest on June 1, 2029; and 773 vest on June 1, 2030.
- F3. Each of the RSUs represents a contingent right to receive one share of common stock at vesting.
Key Figures
Restricted stock units: 3,092 units
Employee stock options: 6,918 options
Option exercise price: $80.86 per share
+3 more
6 metrics
Restricted stock units
3,092 units
Underlying common shares reported as of Form 3
Employee stock options
6,918 options
Underlying common shares reported as of Form 3
Option exercise price
$80.86 per share
Employee stock option grant to Jared Shure
Option expiration date
June 1, 2036
Employee stock option term end
Annual RSU vesting
773 RSUs per year
Vestings on June 1, 2027–2030, subject to service
Annual option vesting
1,729–1,730 options per year
Vestings on June 1, 2027–2030, subject to service
Key Terms
Restricted Stock Units, Employee Stock Option (right to buy), vest, exercise price, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units ("RSUs") vest and become exercisable in 25% installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) … exercise price of 80.8600"
vest financial
"Options vest and become exercisable in 25% installments on each anniversary date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"Employee Stock Option (right to buy) … conversion or exercise price 80.8600"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"Employee Stock Option … expiration date of 2036-06-01T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
