James A. Varilek - Sep 1, 2021 Form 4 Insider Report for OLIN Corp (OLN)

Role
EVP & COO
Signature
/s/ T. E. Murphy, Attorney-in-Fact
Stock symbol
OLN
Transactions as of
Sep 1, 2021
Transactions value $
-$866,923
Form type
4
Date filed
9/3/2021, 09:54 AM
Previous filing
May 12, 2021
Next filing
Nov 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLN Common Stock $1 par value Options Exercise $912K +34.7K +280.45% $26.26 47.1K Sep 1, 2021 Direct
transaction OLN Common Stock $1 par value Sale -$1.53M -30K -63.68% $51.10 17.1K Sep 1, 2021 Direct F1
transaction OLN Common Stock $1 par value Sale -$246K -4.73K -27.63% $52.00 12.4K Sep 1, 2021 Direct
holding OLN Common Stock $1 par value 34K Sep 1, 2021 By Family Trust
holding OLN Common Stock $1 par value 3.3K Sep 1, 2021 By ESOP Trustee F2

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 OLN Employee Stock Options (Right to Buy) Options Exercise $0 -34.7K -38.76% $0.00 54.9K Sep 1, 2021 Common Stock $1 par value 34.7K $26.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades ranging from $51 to $51.29. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 The figure represents shares of Olin Common Stock held under the Olin Common Stock Fund of the Olin Corporation Contributing Employee Ownership Plan (CEOP), a tax conditioned plan reflecting transactions exempt under Rule 16b-3, as reported by the CEOP Plan Administrator as of June 30, 2021.
F3 Two equal installments of 29,867 shares of the option vested on February 19, 2020 and February 19, 2021, and the remaining 29,866 shares of the option will vest in an equal annual installment on February 19, 2022.