OLIN Corp — Director's Dealing 2004

Feb 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2004-02-12

Reporting Person: PIERPONT JANET M (Vice President and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-14	Common Stock	M	1667	$18.30	Acquired	14393	Direct
2004-02-13	Common Stock	I	6247.3851	$18.43	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-12	Employee Stock Option (right to buy)	$18.52	A	14300	Acquired	2014-02-11	Common Stock (14300)	Direct
2004-02-13	Phantom Stock Units	$18.38	I	3733.349	Disposed		Common Stock (3733.349)	Direct

Footnotes

F1: The option vests in three annual installments beginning February 12, 2005.

F2: Phantom shares were held in a multi-fund benefit plan.