Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Ollie’s Bargain Outlet Holdings, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
681116109
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☒ Rule 13d-1(c)
☐ Rule 13d-1(d)
| * |
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
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The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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CUSIP No. 681116109
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Page 2 of 6
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1
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NAMES OF REPORTING PERSONS
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I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Michael L. Bangs as Executor for the Estate of Mark L. Butler, and as Trust Protector, Trust Distribution Advisor and Investment Direction Advisor for the Mark L. Butler 2012 Delaware Dynasty
Trust
(See Note 1)
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Pennsylvania
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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0
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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0
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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0
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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0%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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Note 1: Michael L. Bangs served as the Executor of the Estate of Mark L. Butler and Trust Protector, Trust Distribution Advisor
and Investment Direction Advisor of the Mark L. Butler 2012 Delaware Dynasty Trust.
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CUSIP No. 681116109
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Page 3 of 6
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1
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NAMES OF REPORTING PERSONS
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I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Estate of Mark L. Butler
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2
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CHECK THE APPROPRIATE BOX I
F A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Pennsylvania
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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0
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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0
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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0
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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0%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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CUSIP No. 681116109
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Page 4 of 6
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1
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NAMES OF REPORTING PERSONS
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I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mark L. Butler 2012 Delaware Dynasty Trust
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Pennsylvania
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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0
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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0
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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0
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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0%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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Item 1.
(a) Name of Issuer: Ollie’s Bargain Outlet Holdings, Inc.
(b) Address of Issuer’s Principal Executive Offices: 6295 Allentown Boulevard, Suite 1, Harrisburg, PA 17112
Item 2.
| (a) |
Name of Persons Filing: (i) Michael L. Bangs, Executor for the Estate of Mark L. Butler and as Trust Protector, Trust Distribution Advisor and Investment Direction
Advisor for the Mark L. Butler 2012 Delaware Dynasty Trust, (ii) Estate of Mark Butler, and (iii) Mark L. Butler 2012 Delaware Dynasty Trust (together, the “Reporting Persons”)
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| (b) |
Address of Principal Business Office or, if none, Residence of Reporting Persons: 429 South 18th Street, Camp Hill, PA 17011
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| (c) |
Citizenship: Pennsylvania
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| (d) |
Title of Class of Securities: Common Stock
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| (e) |
CUSIP Number: 681116109
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| Item 3. |
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not Applicable
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| Item 4. |
Ownership.
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As of December 31, 2021, the Reporting Persons ceased to beneficially own shares of common stock of the Issuer, as set forth below.
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(a)
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Amount beneficially owned: 0.
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(b)
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Percent of class: 0%.
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(c)
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Number of shares as to which the person has:
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(i)
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Sole power to vote or to direct the vote: 0.
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(ii)
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Shared power to vote or to direct the vote: 0.
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(iii)
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Sole power to dispose or to direct the disposition of: 0.
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(iv)
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Shared power to dispose or to direct the disposition of: 0.
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| Item 5. |
Ownership of Five Percent or Less of a Class
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.
| Item 6. |
Ownership of More than Five Percent on Behalf of Another Person. Not Applicable
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| Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not Applicable
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| Item 8. |
Identification and Classification of Members of the Group Not Applicable
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| Item 9. |
Notice of Dissolution of Group Not Applicable
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| Item 10. |
Certification
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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct as of November 17, 2022.
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By:
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/s/ Michael L. Bangs
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Name:
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Michael L. Bangs
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Estate of Mark L. Butler
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By:
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/s/ Michael L. Bangs
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Name:
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Michael L. Bangs
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Title:
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Executor
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Mark L. Butler 2012 Delaware Dynasty Trust
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By:
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/s/ Michael L. Bangs
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Name:
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Michael L. Bangs
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Title:
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Trust Protector, Trust Distribution Advisor and Investment Direction Advisor
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