Geralyn S. Ritter - May 3, 2022 Form 4 Insider Report for Organon & Co. (OGN)

Role
Hd of Ext. Affairs and ESG
Signature
/s/ Tarnetta V. Jones, as Attorney-in-Fact for Geralyn S. Ritter
Stock symbol
OGN
Transactions as of
May 3, 2022
Transactions value $
-$29,111
Form type
4
Date filed
5/5/2022, 08:50 PM
Previous filing
May 3, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OGN Common Stock Options Exercise +684 +20.71% 3.99K May 3, 2022 Direct F1
transaction OGN Common Stock Tax liability -$7.54K -235 -5.89% $32.08 3.75K May 3, 2022 Direct
transaction OGN Common Stock Options Exercise +1.94K +51.68% 5.69K May 4, 2022 Direct F1
transaction OGN Common Stock Tax liability -$21.6K -665 -11.69% $32.44 5.03K May 4, 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 -684 -50% $0.00 684 May 3, 2022 Common Stock 684 Direct F1
transaction OGN Restricted Stock Units Options Exercise $0 -1.94K -50% $0.00 1.94K May 4, 2022 Common Stock 1.94K 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.