Joseph T. Morrissey Jr. - 01 May 2022 Form 4 Insider Report for Organon & Co. (OGN)

Role: Head of Manufacturing
Signature: /s/ Tarnetta V. Jones, as Attorney-in-Fact for Joseph T. Morrissey, Jr.
Issuer symbol: OGN
Transactions as of: 01 May 2022
Net transactions value: -$13,740
Form type: 4
Filing time: 03 May 2022, 19:41:10 UTC
Previous filing: 04 Apr 2022
Next filing: 05 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OGN	Common Stock	Options Exercise		+1,490	+32%		6,159	01 May 2022	Direct	F1
transaction	OGN	Common Stock	Tax liability	$13,740	-425	-6.9%	$32.33	5,734	01 May 2022	Direct

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	OGN	Restricted Stock Units	Options Exercise	$0	-1,490	-50%	$0.000000	1,490	01 May 2022	Common Stock	1,490		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Organon & Co. ("Organon") common stock for each RSU. On May 1, 2022, 50% of the RSUs vested with the remaining 50% of the RSUs to vest on May 1, 2023.