OLIN Corp — Director's Dealing 2009

Feb 9, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2009-02-05

Reporting Person: PAIN GEORGE H (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-05	Employee Stock Option (right to buy)	$14.28	A	51250	Acquired	2019-02-04	Common Stock (51250)	Direct
2009-02-05	Restricted Stock Units	$14.28	A	13333	Acquired	2012-02-05	Common Stock (13333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $1 par value	4953.45	Direct

Footnotes

F1: Fractional amount represents shares held under the Olin Corporation dividend reinvestment plan.

F2: The option vests in three annual installments beginning February 5, 2010.