Key facts
- This page summarizes Scott McDougald Sutton's Form 4 filing for OLIN Corp (OLN).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Jan 2024, 12:25.
Scott McDougald Sutton - 31 Dec 2023 Form 4 Insider Report for OLIN Corp (OLN)
- Reporting relationship
- Chairman, President & CEO, Director
- Issuer ticker
- OLN
- Reported as of
- 31 Dec 2023
- Net transaction value
- -$10,518,614
- SEC form
- 4
- Accepted by SEC
- 03 Jan 2024, 12:25:24 UTC
- Prior SEC filing
- 24 Feb 2023
- Next SEC filing
- 12 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ E.C. Tanner, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Scott McDougald Sutton filed Form 4 for OLIN Corp (OLN) on 03 Jan 2024.
Change
- Previous filing in this sequence was filed on 24 Feb 2023.
- Current net transaction value: -$10,518,614.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
OLN
transaction
Common Stock $1 par value
Options Exercise
- Transaction value
- Shares
- +500,000
- Change %
- +662%
- Price
- Shares after
- 575,556
- Date
- 31 Dec 2023
- Ownership
- Direct
- Footnotes
- F1
OLN
transaction
Common Stock $1 par value
Tax liability
- Transaction value
- $10,518,614
- Shares
- -194,142
- Change %
- -34%
- Price
- $54.18
- Shares after
- 381,414
- Date
- 31 Dec 2023
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
OLN
transaction
Derivative
Performance Shares
Options Exercise
- Transaction value
- Shares
- -250,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Dec 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 250,000
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Each performance share represented a contingent right to receive one share of Olin Common Stock. The number of performance shares that may vest ranges between 0 and 500,000, with a target number of 250,000. Performance shares vest based on the reporting person's continued employment and the achievement of an average Olin Common Stock price between $25 and $55 per share, with a target of $40 per share, over any consecutive 45 trading days between September 1, 2020 and December 31, 2023. Olin's Compensation Committee of the Board approved the grant of performance shares in connection with the reporting person's appointment as CEO/President effective September 1, 2020.
Footnote F2
Security converts to common stock on a one-to-one basis.