James A. Varilek - 01 Apr 2022 Form 4 Insider Report for OLIN Corp (OLN)

Role
EVP & COO
Signature
/s/ J. Matthew Martin, Attorney-in-Fact
Issuer symbol
OLN
Transactions as of
01 Apr 2022
Net transactions value
-$124,220
Form type
4
Filing time
05 Apr 2022, 11:57:35 UTC
Previous filing
24 Feb 2022
Next filing
31 May 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 $0 +5,000 +18% $0.000000 32,318 01 Apr 2022 Direct F1
transaction OLN Common Stock $1 par value Tax liability $119,220 -2,233 -6.9% $53.39 30,085 01 Apr 2022 Direct
holding OLN Common Stock $1 par value 34,004 01 Apr 2022 By Family Trust
holding OLN Common Stock $1 par value 3,335 01 Apr 2022 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 Restricted Stock Units Options Exercise $5,000 0 01 Apr 2022 Common Stock 5,000 Direct F1, F3
* 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 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.
F3 On 4/1/2019, the Reporting Person was granted 5,000 restricted stock units, vesting in a single installment on 4/1/2022.