Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | OLN | Common Stock $1 par value | 12.4K | Dec 10, 2021 | Direct | F1 | |||||
holding | OLN | Common Stock $1 par value | 7.32K | Dec 10, 2021 | By ESOP Trustee | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OLN | Restricted Stock Units | Award | $0 | +12K | $0.00 | 12K | Dec 10, 2021 | Common Stock | 12K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | 6,804 shares of the reported total are held in an account jointly owned by the Reporting Person and his spouse. |
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 December 13, 2021. |
F3 | Each restricted stock unit represents a contingent right to receive one share of Olin Common Stock. The original Form 4 erroneously reported this as the grant of an employee stock option to purchase 12,000 shares, but it is actually a grant of restricted stock units. |
F4 | Restricted stock units vest on December 10, 2024, and vested shares will be delivered to the reporting person promptly thereafter. |