James A. Varilek - 18 Nov 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
18 Nov 2022
Net transactions value
-$1,961,590
Form type
4
Filing time
22 Nov 2022, 11:06:30 UTC
Previous 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 Options Exercise $866,500 +50,000 +282% $17.33 67,761 18 Nov 2022 Direct
transaction OLN Common Stock Sale $2,828,090 -50,000 -74% $56.56 17,761 18 Nov 2022 Direct F1
holding OLN Common Stock $1 par value 46,387 18 Nov 2022 By Family Trust

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 -50,000 -100% $0.000000* 0 18 Nov 2022 Common Stock 50,000 $17.33 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.20 to $57.05, inclusive. The reporting person undertakes to provide to Olin Corporation, any security holder of Olin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form4.
F2 This option vests in three equal installments on February 18, 2021, 2022 and 2023.