Matthew M. Walsh - 05 Aug 2023 Form 4 Insider Report for Organon & Co. (OGN)

Role: Chief Financial Officer
Signature: /s/ Tarnetta V. Jones, as Attorney-in-Fact for Matthew M. Walsh
Issuer symbol: OGN
Transactions as of: 05 Aug 2023
Net transactions value: -$236,959
Form type: 4
Filing time: 08 Aug 2023, 18:07:24 UTC
Previous filing: 25 May 2023
Next filing: 01 Mar 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		+22,347	+54%		63,417	05 Aug 2023	Direct	F1
transaction	OGN	Common Stock	Tax liability	$236,959	-11,006	-17%	$21.53	52,411	05 Aug 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	-22,347	-100%	$0.000000^*	0	05 Aug 2023	Common Stock	22,347		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 each of August 5, 2021, August 5, 2022 and August 5, 2023, one-third of the RSUs vested.