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OLIN Corp — Director's Dealing 2016
Oct 20, 2016
31434_dirs_2016-10-20_1cffbc4d-c462-4b4c-9c99-6fed42e3616b.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2015-10-05
Reporting Person: VARILEK JAMES A (President, CAV & Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-10-05 | Common Stock $1 par value | A | 6778 | — | Acquired | 6778 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-10-05 | Phantom Stock Units | $ | A | 1905 | Acquired | Olin Common Stock (1905) | Indirect |
Footnotes
F1: Shares received in exchange for Blue Cube Splitco Inc. (Splitco) common stock, in connection with the merger of a wholly owned subsidiary of issuer into Splitco (the Merger). Splitco stock was acquired in the exchange offer (Exchange Offer) made by The Dow Chemical Company (Dow). Under the terms of the Merger, each share of Splitco common stock was converted into the right to receive 0.87482759 shares of Olin common stock. The number of shares of Splitco common stock and number of shares of Olin common stock reported represent estimates subject to change as a result of the final proration factor to be announced by Dow. The reporting person undertakes to amend this report upon the determination of the final proration factor. The closing price of Olin's common stock on the effective date of the Merger was $17.94 per share.
F2: Phantom stock units in unitized stock fund held by Dow in its 401(k) plan (ESOP), received in exchange for Splitco common stock in connection with the Merger. Each unit represents one share of Olin common stock. These phantom units were originally reported as shares of stock by the reporting person, and this amendment clarifies the nature of the securities held in the Dow ESOP.