OLIN Corp — Director's Dealing 2011

Aug 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2011-08-18

Reporting Person: LARRIMORE RANDALL W (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-18	Phantom Stock Units	$0	J	5600.313	Acquired		Common Stock (5600.313)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $1 par value	15353	Indirect

Footnotes

F1: Each share of phantom stock is the economic equivalent of one share of Olin common stock. Phantom shares are paid out in shares of Olin common stock unless the director elects at the time the payment is due to take the payout in cash.

F2: Voluntary transfer into "phantom" shares of Olin common stock held in deferral account under non-employee director compensation plan.