James A. Varilek - 26 May 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
26 May 2022
Net transactions value
-$1,149,895
Form type
4
Filing time
31 May 2022, 18:08:45 UTC
Previous filing
05 Apr 2022
Next filing
19 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLN Common Stock $1 par value Gift $0 -12,383 -41% $0.000000 17,761 06 Apr 2022 Direct F1, F2
transaction OLN Common Stock $1 par value Options Exercise $42,069 +1,602 +9% $26.26 19,363 26 May 2022 Direct
transaction OLN Common Stock $1 par value Sale $103,745 -1,602 -8.3% $64.76 17,761 26 May 2022 Direct F3
transaction OLN Common Stock $1 par value Options Exercise $742,239 +28,265 +159% $26.26 46,026 27 May 2022 Direct
transaction OLN Common Stock $1 par value Sale $1,830,458 -28,265 -61% $64.76 17,761 27 May 2022 Direct F4
holding OLN Common Stock $1 par value 46,387 26 May 2022 By Family Trust
holding OLN Common Stock $1 par value 3,335 26 May 2022 By ESOP Trustee F5

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 -1,602 -5.4% $0.000000 28,265 26 May 2022 Common Stock $1 par value 1,602 $26.26 Direct F6
transaction OLN Employee Stock Options (Right to Buy) Options Exercise $0 -28,265 -100% $0.000000* 0 27 May 2022 Common Stock $1 par value 28,265 $26.26 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person transferred 12,383 shares of Common Stock to a Family Trust.
F2 Amount includes 59.441 shares held under dividend reinvestment plans acquired on March 16, 2022, which is exempt from Section 16(b).
F3 This transaction was executed in multiple trades at prices ranging from $64.75 to $64.775 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.
F4 This transaction was executed in multiple trades at prices ranging from $64.50 to $65.05 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.
F5 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.
F6 The option vested in three equal annual installments beginning on February 19, 2020.