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OLIN Corp Director's Dealing 2008

Jul 31, 2008

31434_dirs_2008-07-31_76351d1d-4443-4f51-9138-c3947c2a9823.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2008-07-30

Reporting Person: McGough Dennis R (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-07-30 Common Stock $1 par value M 6000 $15.85 Acquired 11708 Direct
2008-07-30 Common Stock $1 par value M 15000 $18.97 Acquired 26708 Direct
2008-07-30 Common Stock $1 par value M 11250 $18.63 Acquired 37958 Direct
2008-07-30 Common Stock $1 par value M 24000 $16.10 Acquired 61958 Direct
2008-07-30 Common Stock $1 par value M 23000 $15.35 Acquired 84958 Direct
2008-07-30 Common Stock $1 par value M 18400 $18.52 Acquired 103358 Direct
2008-07-30 Common Stock $1 par value S 91650 $29.93 Disposed 11708 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-07-30 Employee Stock Option Right to Buy $15.85 M 6000 Disposed 2009-02-08 Common Stock (6000) Direct
2008-07-30 Employee Stock Option Right to Buy $18.97 M 15000 Disposed 2010-01-26 Common Stock (15000) Direct
2008-07-30 Employee Stock Option Right to Buy $18.63 M 11250 Disposed 2011-02-07 Common Stock (11250) Direct
2008-07-30 Employee Stock Option Right to Buy $16.10 M 24000 Disposed 2012-02-13 Common Stock (24000) Direct
2008-07-30 Employee Stock Option Right to Buy $15.35 M 23000 Disposed 2013-02-12 Common Stock (23000) Direct
2008-07-30 Employee Stock Option Right to Buy $18.52 M 18400 Disposed 2014-02-11 Common Stock (18400) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock $1 par value 10335.215 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $29.76 to $30.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: The figure represents shares periodically acquired under the Olin Corporation Contributing Employee Ownership Plan (CEOP), a tax conditioned plan, and held in the Olin Common Stock Fund of the CEOP as of June 30, 2008, in a transaction exempt under Rule 16b-3 and includes 90.3436 shares of Olin stock acquired since the date of the reporting person's last ownership report.