OLIN Corp — Director's Dealing 2004

Nov 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2004-11-04

Reporting Person: RUGGIERO ANTHONY W (Director, Executive Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-05	Common Stock	M	50000	$15.85	Acquired	60000	Direct
2004-11-05	Common Stock	S	3000	$20.95	Disposed	57000	Direct
2004-11-05	Common Stock	S	9000	$20.93	Disposed	48000	Direct
2004-11-05	Common Stock	S	1900	$20.88	Disposed	46100	Direct
2004-11-05	Common Stock	S	200	$20.85	Disposed	45900	Direct
2004-11-05	Common Stock	S	1800	$20.84	Disposed	44100	Direct
2004-11-05	Common Stock	S	800	$20.83	Disposed	43300	Direct
2004-11-05	Common Stock	S	2400	$20.82	Disposed	40900	Direct
2004-11-05	Common Stock	S	3300	$20.81	Disposed	37600	Direct
2004-11-05	Common Stock	S	27600	$20.80	Disposed	10000	Direct
2004-11-04	Common Stock	I	6780.9589	$19.58	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-04	Phantom Stock Units	$19.58	I	5871.1297	Disposed		Common Stock (5871.1297)	Direct
2004-11-05	Employee Stock Option Right to Buy	$15.85	M	50000	Disposed	2009-02-08	Common Stock (50000)	Direct

Footnotes

F1: Phantom shares were held in a multi-fund benefit plan.