Earl L. Shipp - 08 Sep 2023 Form 4 Insider Report for OLIN Corp (OLN)

Role
Director
Signature
/s/ E.C Tanner, Attorney-in-Fact
Issuer symbol
OLN
Transactions as of
08 Sep 2023
Transactions value $
$7,645
Form type
4
Filing time
12 Sep 2023, 14:33:53 UTC
Previous filing
03 Jul 2023
Next filing
02 Oct 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OLN Phantom Stock Units Award $7.65K +152 +0.4% $50.25 38.4K 08 Sep 2023 Common Stock 152 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalents credited to the reporting person's account under the Amended and Restated Olin Corporation 1997 Stock Plan for Non-employee Directors at $50.25 per share as of 9/08/2023 in exempt transactions. Shares of phantom stock are payable in cash or stock following the reporting person's termination of service as a director of Olin, at the director's election, other (i) in a lump sum or (ii) over up to 10 annual installments.
F2 Security converts to common stock on a one-to-one basis.