OLIN Corp — Director's Dealing 2016

Oct 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2016-10-19

Reporting Person: VARILEK JAMES A (President, CAV & Services)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-19	Phantom Stock Units	$	J	3542.28	Disposed		Olin Common Stock (3542.28)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $1 par value	29004	Indirect
Common Stock $1 par value	2214.938	Indirect

Footnotes

F1: The figure represents shares of Olin Common Stock held under the Olin Common Stock Fund of the Olin Corporation Contributing Employee Ownership Plan (CEOP), a tax conditioned plan reflecting transactions exempt under Rule 16b-3, as reported by the CEOP Plan Administrator as of September 30, 2016.

F2: Each unit represents one share of Olin common stock. These phantom stock units were in a unitized stock fund, the Olin Stock Fund, held by The Dow Chemical Company (Dow) Employees' Savings Plan (CEOP), a tax conditioned plan. The phantom stock units were acquired in transactions exempt under Rule 16b-3, including 6.28 units acquired since the date of the reporting person's last ownership report. On the transaction date, Dow liquidated the Olin Stock Fund, and replaced the investment with an investment unrelated to Olin. Conversion price is the per share price reported by Dow for plan level transactions in the CEOP.