James A. Varilek - Nov 3, 2021 Form 4 Insider Report for OLIN Corp (OLN)

Role
EVP & COO
Signature
/s/ J. Matthew Martin, Attorney-in-Fact
Stock symbol
OLN
Transactions as of
Nov 3, 2021
Transactions value $
-$2,911,152
Form type
4
Date filed
11/5/2021, 04:41 PM
Previous filing
Sep 3, 2021
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 $657K +25K +201.93% $26.26 37.4K Nov 3, 2021 Direct
transaction OLN Common Stock $1 par value Sale -$1.52M -25K -66.88% $60.87 12.4K Nov 3, 2021 Direct F1
transaction OLN Common Stock $1 par value Options Exercise $1.96M +66K +532.99% $29.75 78.4K Nov 3, 2021 Direct
transaction OLN Common Stock $1 par value Sale -$4.01M -66K -84.2% $60.75 12.4K Nov 3, 2021 Direct F1
holding OLN Common Stock $1 par value 34K Nov 3, 2021 By Family Trust
holding OLN Common Stock $1 par value 3.31K Nov 3, 2021 By ESOP Trustee F2

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 $0 -25K -45.57% $0.00 29.9K Nov 3, 2021 Common Stock $1 par value 25K $26.26 Direct F3
transaction OLN Employee Stock Options (Right to Buy) Options Exercise $0 -66K -100% $0.00* 0 Nov 3, 2021 Common Stock $1 par value 66K $29.75 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each of these transactions was executed in multiple trades at prices ranging from $60.48 to $61.29 per share. The price reported above reflects the weighted average sale price for each transaction. 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 each such transaction was effected.
F2 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 September 30, 2021.
F3 The option vested in three equal annual installments, with the first two options vesting on February 19, 2020 and 2021 and the third option vesting on February 19, 2022.
F4 The option vested in three equal annual installments on February 10, 2018, 2019 and 2020.