FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

van der Valk Eric
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/3/2021 

3. Issuer Name and Ticker or Trading Symbol

Ollie's Bargain Outlet Holdings, Inc. [OLLI]
(Last)        (First)        (Middle)

C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
EVP, COO /
(Street)

HARRISBURG, PA 17112      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Option (right to buy)  (1)5/3/2031 Common Stock 8643 $88.26 D  
Restricted Stock Units  (2) (2)Common Stock 3399  (3)D  

Explanation of Responses:
(1) Options vest and become exercisable in 25% installments on each anniversary date of the grant, May 3, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 8,643 options, of which 2,161 of the options vest on May 3, 2022; 2,161 of the options vest on May 3, 2023; 2,160 of the options vest on May 3, 2024 and 2,161 of the options vest on May 3, 2025.
(2) The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, May 3, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 3,399 restricted stock units, of which 850 of the restricted stock units vest on May 3, 2022; 850 of the restricted stock units vest on May 3, 2023; 849 of the restricted stock units vest on May 3, 2024 and 850 of the restricted stock units vest on May 3, 2025.
(3) Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.

Remarks:
See Exhibit 24.1 - Power of Attorney.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
van der Valk Eric
C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC
6295 ALLENTOWN BOULEVARD, SUITE 1
HARRISBURG, PA 17112


EVP, COO

Signatures
/s/ Robert Bertram, as Attorney In-Fact5/5/2021
**Signature of Reporting PersonDate

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