Vittorio Nisita - 01 May 2022 Form 4 Insider Report for Organon & Co. (OGN)

Signature
/s/ Tarnetta V. Jones, as Attorney-in-Fact for Vittorio Nisita
Issuer symbol
OGN
Transactions as of
01 May 2022
Net transactions value
-$9,020
Form type
4
Filing time
03 May 2022, 19:41:54 UTC
Previous filing
04 Apr 2022
Next filing
05 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OGN Common Stock Options Exercise +812 +30% 3,505 01 May 2022 Direct F1
transaction OGN Common Stock Tax liability $9,020 -279 -8% $32.33 3,226 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 -812 -50% $0.000000 812 01 May 2022 Common Stock 812 Direct F1, F2
* 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.
F2 The amount of the RSUs has been slightly adjusted from the Reporting Person's Form 4, dated June 4, 2021, based on the finalization of certain calculations.