R. Nichole Sumner - May 26, 2022 Form 4 Insider Report for OLIN Corp (OLN)

Role
VP & Controller
Signature
/s/ J. Matthew Martin, Attorney-in-Fact
Stock symbol
OLN
Transactions as of
May 26, 2022
Transactions value $
-$568,443
Form type
4
Date filed
5/31/2022, 02:25 PM
Previous filing
Feb 24, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLN Common Stock $1 par value Options Exercise $19.5K +1.48K +12.11% $13.14 13.7K May 26, 2022 Direct
transaction OLN Common Stock $1 par value Sale -$96K -1.48K -10.8% $64.76 12.2K May 26, 2022 Direct F1
transaction OLN Common Stock $1 par value Options Exercise $125K +9.52K +77.75% $13.14 21.8K May 27, 2022 Direct
transaction OLN Common Stock $1 par value Sale -$617K -9.52K -43.74% $64.83 12.2K May 27, 2022 Direct F2
holding OLN Common Stock $1 par value 8.78K May 26, 2022 By ESOP Trustee F3

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 -1.48K -9.41% $0.00 14.3K May 26, 2022 Common Stock 1.48K $13.14 Direct F4
transaction OLN Employee Stock Options (Right to Buy) Options Exercise $0 -9.52K -66.71% $0.00 4.75K May 27, 2022 Common Stock 9.52K $13.14 Direct F4
* 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 at prices ranging from $64.75 to $64.78 per share. The price reported above reflects the weighted average sale price for each transaction. 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 each such transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $64.75 to $64.96 per share. The price reported above reflects the weighted average sale price for each transaction. 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 each such transaction was effected.
F3 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. Total includes 29.1028 shares of Olin Common Stock acquired since the date of the reporting person's last ownership report.
F4 The option vested in three equal annual installments beginning on February 12, 2017.