SEC Form 4 · accession 0001209191-19-013318
OLIN Corp · OLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett A Flaugher
Officer — VP & President, Winchester
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 11:45 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 | Feb 22, 2019 | M | 12,500 | $15.68 | A | 40,629 | D | |
| Common Stock $1 par valueF1 | Feb 22, 2019 | S | 12,500 | $26.5256 | D | 28,129 | D | |
| Common Stock $1 par value | holding | — | — | — | 7,975 | I | By Trust | |
| Common Stock $1 par valueF2 | holding | — | — | — | 3,987 | 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 | $15.68 | Feb 22, 2019 | M | 12,500 | D | Feb 5, 2011 | Feb 5, 2020 | Common Stock | 12,500 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $26.475 to $26.565. 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, 2019.
- F3The option vested in three equal annual installments on February 5, 2011, 2012 and 2013.