Form: 4

Statement of changes in beneficial ownership of securities

June 23, 2022

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
MORFITT MARTHA A M
   2. Issuer Name and Ticker or Trading Symbol
OLAPLEX HOLDINGS, INC. [OLPX] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O OLAPLEX HOLDINGS, INC., 1178 COAST VILLAGE RD, SUITE 1-520		 3. Date of Earliest Transaction (Month/Day/Year)
06/21/2022
(Street)

SANTA BARBARA, CA 93108		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/21/2022   M   57,915 A $ 3.34 154,140 D  
Common Stock               33,000 I By Spouse

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy) $ 3.34 06/21/2022   M(1)     57,915   (2) 04/20/2031 Common Stock 57,915 $ 0 231,660 D  
Option (Right to Buy) $ 3.34               (3) 04/20/2031 Common Stock 144,450   144,450 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MORFITT MARTHA A M
C/O OLAPLEX HOLDINGS, INC.
1178 COAST VILLAGE RD, SUITE 1-520
SANTA BARBARA, CA 93108		   X      

Signatures

 /s/ Eric Tiziani, attorney-in-fact   06/23/2022
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) Represents the reporting person's cash exercise of a stock option.
(2) This option vests as to the remaining portion of the underlying shares of common stock, par value $0.001 per share ("Common Stock"), of Olaplex Holdings, Inc. (the "Company") in four equal installments of 57,915 shares on each of April 20, 2023, April 20, 2024, April 20, 2025, and April 20, 2026.
(3) This option vests as to the remaining portion of the underlying shares of Common Stock in three equal installments of 48,150 shares on each of the first three anniversaries of October 4, 2021, the date of consummation of the initial public offering of the Company's Common Stock.
 
Remarks:
This filing relates to the exercise of an option to purchase Common Stock by the reporting person. No shares were sold by the reporting person.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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