Vittorio Nisita - 03 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
03 May 2022
Net transactions value
-$30,059
Form type
4
Filing time
05 May 2022, 20:49:30 UTC
Previous filing
03 May 2022
Next filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OGN Common Stock Options Exercise +631 +20% 3,857 03 May 2022 Direct F1
transaction OGN Common Stock Tax liability $6,961 -217 -5.6% $32.08 3,640 03 May 2022 Direct
transaction OGN Common Stock Options Exercise +2,077 +57% 5,717 04 May 2022 Direct F1
transaction OGN Common Stock Tax liability $23,097 -712 -12% $32.44 5,005 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 -631 -50% $0.000000 631 03 May 2022 Common Stock 631 Direct F1
transaction OGN Restricted Stock Units Options Exercise $0 -2,077 -50% $0.000000 2,077 04 May 2022 Common Stock 2,077 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.