Aaron Falcione - 03 May 2022 Form 4 Insider Report for Organon & Co. (OGN)

Role: Chief Human Resources Officer
Signature: /s/ Tarnetta V. Jones, as Attorney-in-Fact for Aaron Falcione
Issuer symbol: OGN
Transactions as of: 03 May 2022
Net transactions value: -$40,377
Form type: 4
Filing time: 05 May 2022, 20:46:30 UTC
Previous filing: 03 May 2022
Next filing: 02 Mar 2023
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		+871	+21%		5,041	03 May 2022	Direct	F1
transaction	OGN	Common Stock	Tax liability	$9,592	-299	-5.9%	$32.08	4,742	03 May 2022	Direct
transaction	OGN	Common Stock	Options Exercise		+2,770	+58%		7,512	04 May 2022	Direct	F1
transaction	OGN	Common Stock	Tax liability	$30,786	-949	-13%	$32.44	6,563	04 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	-871	-50%	$0.000000	871	03 May 2022	Common Stock	871		Direct	F1
transaction	OGN	Restricted Stock Units	Options Exercise	$0	-2,770	-50%	$0.000000	2,770	04 May 2022	Common Stock	2,770		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.
F2	On May 4, 2022, one-third of the RSUs vested with the remaining RSUs to vest in two equal installments on May 4, 2023 and May 4, 2024.