Kirke Weaver - 04 May 2023 Form 4 Insider Report for Organon & Co. (OGN)

Role
Gen. Counsel & Corp. Secy.
Signature
/s/ Tarnetta V. Jones, as Attorney-in-Fact for Kirke Weaver
Issuer symbol
OGN
Transactions as of
04 May 2023
Net transactions value
-$8,605
Form type
4
Filing time
08 May 2023, 18:46:34 UTC
Previous filing
03 May 2023
Next filing
23 Feb 2024
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 +1,246 +11% 12,816 04 May 2023 Direct F1
transaction OGN Common Stock Tax liability $8,605 -355 -2.8% $24.24 12,461 04 May 2023 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 -1,246 -50% $0.000000 1,248 04 May 2023 Common Stock 1,246 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 each of May 4, 2022 and May 4, 2023, one-third of the RSUs vested, with the remaining RSUs to vest on May 4, 2024.