Damian Gumpel - Jan 2, 2023 Form 4 Insider Report for OLIN Corp (OLN)

Role
VP & Pres, Epoxy & Corp Strat.
Signature
/s/ E.C Tanner, Attorney-in-Fact
Stock symbol
OLN
Transactions as of
Jan 2, 2023
Transactions value $
-$14,283
Form type
4
Date filed
1/4/2023, 05:29 PM
Previous filing
Apr 5, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLN Common Stock Options Exercise +780 +4.69% 17.4K Jan 2, 2023 Direct F1, F2
transaction OLN Common Stock Tax liability -$14.3K -270 -1.55% $52.90 17.2K Jan 2, 2023 Direct F3
holding OLN Common Stock 7.35K Jan 2, 2023 By ESOP Trustee F4

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 -780 -100% $0.00* 0 Jan 2, 2023 Common Stock 780 $0.00 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Security converts to common stock on a one-to-one basis.
F2 Amount includes 48.361 shares held under dividend reinvestment plans acquired periodically in transactions, which are exempt from Section 16(b).
F3 6,804 shares of the reported total are held in an account jointly by the Reporting Person and his spouse.
F4 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 January 4, 2023.
F5 On January 2, 2020, the reporting person was granted 780 restricted stock units, all of which vest on the third anniversary of the grant date.