FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 04/25/2024 |
3. Issuer Name and Ticker or Trading Symbol
OLIN Corp [ OLN ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Options (Right to Buy) | (1) | 02/22/2034 | Common Stock | 12,413 | $52.29 | D | |
Restricted Stock Units | 05/15/2026 | (2) | Common Stock | 2,500 | (2) | D | |
Restricted Stock Units | 02/22/2027 | (3) | Common Stock | 2,500 | (3) | D |
Explanation of Responses: |
1. The option agreement provides that the option becomes exercisable in three equal annual installments beginning on the first anniversary of the options grant date. The option was granted on February 22 2024. |
2. Each restricted stock unit represents a contingent right to receive one share of Olin Corporation Common Stock. The restricted stock units vest on May 15, 2026 and the vested shares will be delivered to the reporting person as soon as practicable thereafter. |
3. Each restricted stock unit represents a contingent right to receive one share of Olin Corporation Common Stock. The restricted stock units vest on February 22, 2027 and the vested shares will be delivered to the reporting person as soon as practicable thereafter. |
Remarks: |
Exhibit 24.1 - Power of Attorney |
/s/ E.C. Tanner, Attorney-in-Fact | 05/06/2024 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |