SEC Form 4 · accession 0001209191-16-146546
OLIN Corp · OLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Varilek
Officer — President, CAV & Services
Period of report
Oct 19, 2016
Accepted (ET)
Oct 21, 2016 · 11:37 am 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock $1 par value | holding | — | — | — | 29,004 | I | By Family Trust | |
| Common Stock $1 par valueF1 | holding | — | — | — | 2,215 | I | By Olin 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 UnitsF2 | — | Oct 19, 2016 | J | 3,542 | D | — | — | Olin Common Stock | 3,542 | 0 | I |
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 September 30, 2016.
- F2Each unit represents one share of Olin common stock. These phantom stock units were in a unitized stock fund, the Olin Stock Fund, held by The Dow Chemical Company (Dow) Employees' Savings Plan (CEOP), a tax conditioned plan. The phantom stock units were acquired in transactions exempt under Rule 16b-3, including 6.28 units acquired since the date of the reporting person's last ownership report. On the transaction date, Dow liquidated the Olin Stock Fund, and replaced the investment with an investment unrelated to Olin. Conversion price is the per share price reported by Dow for plan level transactions in the CEOP.