Joseph T. Morrissey Jr. - May 1, 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.
Stock symbol
OGN
Transactions as of
May 1, 2022
Transactions value $
-$13,740
Form type
4
Date filed
5/3/2022, 07:41 PM
Previous filing
Apr 4, 2022
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OGN Common Stock Options Exercise +1.49K +31.91% 6.16K May 1, 2022 Direct F1
transaction OGN Common Stock Tax liability -$13.7K -425 -6.9% $32.33 5.73K May 1, 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 -1.49K -50% $0.00 1.49K May 1, 2022 Common Stock 1.49K 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.