SEC Form 4 · accession 0001209191-15-074538

OLIN Corp · OLN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Director

Period of report

Oct 5, 2015

Accepted (ET)

Oct 7, 2015 · 3:45 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000074303

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock $1 par value^F1	Oct 5, 2015	M	25,434	—	A	38,273	D
Common Stock $1 par value	Oct 5, 2015	D	25,434	$19.95	D	12,839	D
Common Stock $1 par value^F2	Oct 5, 2015	A	2,711	—	A	15,550	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock Units^F1	—	Oct 5, 2015	M	25,434	D	Oct 5, 2015	Oct 5, 2015	Common Stock	25,434	0	D

F1Each share of phantom stock was the economic equivalent of one share of Olin Common Stock. All shares of phantom stock were held in the Olin Corporation Amended and Restated 1997 Stock Plan for Non-employee Directors, and were settled in cash.
F2Shares received in exchange for Blue Cube Splitco Inc. (Splitco) common stock, in connection with the merger of a wholly owned subsidiary of issuer into Splitco (the Merger). Splitco stock was acquired in the exchange offer (Exchange Offer) made by The Dow Chemical Company (Dow). Under the terms of the Merger, each share of Splitco common stock converted into the right to receive 0.87482759 shares of Olin common stock. The number of shares of Splitco common stock and number of shares of Olin common stock reported represent estimates subject to change as a result of the final proration factor to be announced by Dow. The reporting person undertakes to amend this report upon the determination of the final proration factor. The closing price of Olin's common stock on the effective date of the Merger was $17.94 per share.