SEC Form 4 · accession 0001209191-16-099066
OLIN Corp · OLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank W Chirumbole
Officer — President, Chlor Alkali Prod.
Period of report
Feb 12, 2016
Accepted (ET)
Feb 17, 2016 · 11:42 am 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 value | holding | — | — | — | 24,900 | D | ||
| Common Stock $1 par valueF1 | holding | — | — | — | 830 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F2 | $13.14 | Feb 12, 2016 | A | 41,250 | A | — | Feb 11, 2026 | Common Stock | 41,250 | 41,250 | D |
Explanation of responses
- F1The 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 January 15, 2016.
- F2The option vests in three annual installments beginning on February 12, 2017.