Damian Gumpel - 01 Apr 2022 Form 4 Insider Report for OLIN Corp (OLN)

Signature
/s/ J. Matthew Martin, Attorney-in-Fact
Issuer symbol
OLN
Transactions as of
01 Apr 2022
Net transactions value
-$63,374
Form type
4
Filing time
05 Apr 2022, 11:55:38 UTC
Previous filing
24 Feb 2022
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLN Common Stock $1 par value Options Exercise +4,000 +29% 17,784 01 Apr 2022 Direct F1
transaction OLN Common Stock $1 par value Tax liability $63,374 -1,187 -6.7% $53.39 16,597 01 Apr 2022 Direct F2
holding OLN Common Stock $1 par value 7,345 01 Apr 2022 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 Restricted Stock Units Options Exercise $0 -4,000 -100% $0.000000* 0 01 Apr 2022 Common Stock 4,000 $0.000000 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-to-one basis.
F2 6,804 shares of the reported total are held in an account jointly by the Reporting Person and his spouse.
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 4/1/2022.
F4 On 4/1/2019, the Reporting Person was granted 4,000 restricted stock units, vesting in a single installment on 4/1/2022.