Kevin Ali - 04 May 2024 Form 4 Insider Report for Organon & Co. (OGN)

Role
Chief Executive Officer, Director
Signature
/s/ Tarnetta V. Jones, as Attorney-in-Fact for Kevin Ali
Issuer symbol
OGN
Transactions as of
04 May 2024
Net transactions value
-$240,340
Form type
4
Filing time
07 May 2024, 16:06:27 UTC
Previous filing
03 Apr 2024
Next filing
05 Sep 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 $0 +22,161 +18% $0.000000 147,504 04 May 2024 Direct
transaction OGN Common Stock Tax liability $240,340 -12,256 -8.3% $19.61 135,248 04 May 2024 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 -22,161 -100% $0.000000* 0 04 May 2024 Common Stock 22,161 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 May 4, 2022, May 4, 2023 and May 4, 2024, one-third of the RSUs vested.