OLIN Corp — Director's Dealing 2005

Feb 11, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2005-02-09

Reporting Person: HASCALL JAMES G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-09	Common Stock	A	1047	$23.90	Disposed	3584	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-09	Phantom Stock Units	$0	A	1900	Acquired		Common Stock (1900)	Direct

Footnotes

F1: Shares of common stock granted under the director compensation plan.

F2: Phantom shares of common stock are credited periodically to a deferred stock account under the Amended and Restated 1997 Stock Plan for Non-employee Directors and are settled in common stock or cash following the date the reporting person ceases to be a director.

F3: Security converts to common stock on a one-for-one basis.