Teresa M. Vermillion - May 25, 2021 Form 4 Insider Report for OLIN Corp (OLN)

Signature
/s/ T. E. Murphy, Attorney-in-Fact
Stock symbol
OLN
Transactions as of
May 25, 2021
Transactions value $
-$389,154
Form type
4
Date filed
5/26/2021, 03:03 PM
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLN Common Stock $1 par value Options Exercise $238K +8K +237.25% $29.75 11.4K May 25, 2021 Direct F1
transaction OLN Common Stock $1 par value Sale -$389K -8K -70.35% $48.64 3.37K May 25, 2021 Direct F1, F2
holding OLN Common Stock $1 par value 131 May 25, 2021 By ESOP Trustee F3

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 Employee Stock Options (Right to Buy) Options Exercise -$238K -8K -100% $29.75 0 May 25, 2021 Common Stock $1 par value 8K $29.75 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount includes 397.997 shares held under dividend reinvestment plans acquired periodically in transactions, which are exempt from Section 16(b).
F2 This transaction was executed in multiple trades ranging from $48.60 to $48.73. The price reported above reflects the average weighted sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 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.
F4 The option vested in three equal annual installments on February 10, 2018, 2019 and 2020.