SEC Form 4 · accession 0001209191-15-078845
OLIN Corp · OLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George H Pain
Officer — SVP, Gen. Counsel & Secretary
Period of report
Nov 4, 2015
Accepted (ET)
Nov 6, 2015 · 2:05 pm EST
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock $1 par valueF1,F2 | Nov 4, 2015 | P | 25,000 | $19.9922 | A | 117,866 | D | |
| Common Stock $1 par valueF3 | holding | — | — | — | 2,456 | I | By ESOP Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF5,F4 | — | Nov 5, 2015 | I | 341 | A | — | — | Common Stock | 321 | 321 | D |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $19.965 to $20.00. The price reported above reflects the average weighted 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.
- F2Amount includes 83.826 shares held under the Olin Corporation Dividend Reinvestment Plan acquired periodically in transactions, which are exempt from Section 16(b).
- F3The 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 September 30, 2015.
- F4Each phantom unit is the economic equivalent of one share of Olin Corporation common stock. Shares are payable following termination of employment and may be transferred by the reporting person to an alternative investment at any time.
- F5Phantom shares acquired in multi-fund benefit plan.