SEC Form 4 · accession 0001209191-16-105132
OLIN Corp · OLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall W Larrimore
Director
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 2:31 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 | Mar 1, 2016 | A | 2,610 | $15.33 | A | 57,515 | I | Family Trust |
| Common Stock $1 par valueF2,F3 | Mar 1, 2016 | P | 1,600 | $15.4483 | A | 2,700 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF4,F5 | — | Mar 1, 2016 | A | 7,500 | A | — | — | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1Shares of Common Stock granted under the Amended and Restated 1997 Stock Plan for Non-employee Directors, the Company's formula director compensation plan.
- F2This transaction was executed in multiple trades ranging from $15.445 to $15.45. The price reported above reflects the average weighted purchase 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.
- F3The reporting person disclaims beneficial ownership of the shares held by this trust.
- F4Phantom shares of common stock are also credited periodically to a deferred stock account under the Amended and Restated 1997 Stock Plan for Non-employee Directors and are settled in common stock or cash following the date the reporting person ceases to be a director.
- F5Security converts to common stock on a one-for-one basis.