SEC Form 4 · accession 0001209191-17-017180
OLIN Corp · OLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen C Curley
Officer — VP & Treasurer
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 1:56 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 value | Mar 1, 2017 | M | 5,500 | $20.29 | A | 24,337 | D | |
| Common Stock $1 par valueF1 | Mar 1, 2017 | S | 5,500 | $32.0565 | D | 18,837 | D | |
| Common Stock $1 par valueF2 | holding | — | — | — | 16 | 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)F3 | $20.29 | Mar 1, 2017 | M | 5,500 | D | Feb 7, 2009 | Feb 6, 2018 | Common Stock | 5,500 | 5,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $32.04 to $32.075. 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.
- F2The 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, 2017.
- F3The option vested in three equal annual installments on February 7, 2009, 2010 and 2011.