Form: 3

Initial statement of beneficial ownership of securities

September 30, 2021

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Walden Tiffany
2. Date of Event Requiring Statement (Month/Day/Year)
09/30/2021
3. Issuer Name and Ticker or Trading Symbol
OLAPLEX HOLDINGS, INC. [OLPX]
(Last)
(First)
(Middle)
C/O OLAPLEX HOLDINGS, INC., 1178 COAST VILLAGE RD, SUITE 1-520
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
See Remarks
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SANTA BARBARA, CA 93108
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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)
Common Stock 737,253
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy)   (1) 01/08/2030 Common Stock 2,979,450 $ 0.76 D  
Option (Right to Buy)   (2) 05/02/2030 Common Stock 6,671,700 $ 0.76 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Walden Tiffany
C/O OLAPLEX HOLDINGS, INC.
1178 COAST VILLAGE RD, SUITE 1-520
SANTA BARBARA, CA 93108
  X     See Remarks  

Signatures

/s/ Eric Tiziani, attorney-in-fact 09/30/2021
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option is vested as to 20% of the underlying shares of common stock, par value $0.001 per share ("Common Stock"), of Olaplex Holdings, Inc. (the "Company") and vests as to the remaining 80% in four equal installments on each of January 1, 2022, January 1, 2023, January 1, 2024, and January 1, 2025.
(2) This option is vested as to 745,200 shares of Common Stock underlying this option, and vests as to one third of the remaining portion of the underlying shares of Common Stock in equal installments on each of the first three anniversaries of the consummation of the initial public offering of the Company's Common Stock.
 
Remarks:
Chief Operating Officer, Chief Legal Officer and Secretary

Exhibits 24.1 - Power of Attorney

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