James A. Varilek - 10 May 2021 Form 4 Insider Report for OLIN Corp (OLN)

Role
EVP & COO
Signature
/s/ T. E. Murphy, Attorney-in-Fact
Issuer symbol
OLN
Transactions as of
10 May 2021
Net transactions value
-$2,412,525
Form type
4
Filing time
12 May 2021, 11:32:04 UTC
Next filing
03 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLN Common Stock $1 par value Options Exercise $936,225 +71,250 +575% $13.14* 83,633 10 May 2021 Direct
transaction OLN Common Stock $1 par value Sale $3,348,750 -71,250 -85% $47.00 12,383 10 May 2021 Direct
holding OLN Common Stock $1 par value 34,004 10 May 2021 By Family Trust
holding OLN Common Stock $1 par value 3,290 10 May 2021 By ESOP Trustee F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OLN Common Stock $1 par value Options Exercise $0 -71,250 -100% $0.000000* 0 10 May 2021 Common Stock $1 par value 71,250 $13.14 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The figure represents shares of Olin Common Stock held under the Olin Common Stock Fund of the Olin Corporation Contributing Employee Ownership Plan (CEOP), a tax conditioned plan reflecting transactions exempt under Rule 16b-3, as reported by the CEOP Plan Administrator as of April 15, 2021.
F2 The option vested in three equal annual installments on February 12, 2017, 2018 and 2019.