OLIN Corp — Director's Dealing 2020

Jul 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN Corp (OLN)
CIK: 0000074303
Period of Report: 2020-07-14

Reporting Person: Sutton Scott McDougald (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-14	Performance Shares	$	A	250000	Acquired	2023-12-31	Common Stock (250000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $1 par value	45556.1711	Direct

Footnotes

F1: Security converts to common stock on a one-to-one basis.

F2: Each performance share represents a contingent right to receive one share of Olin Common Stock. The number of performance shares that may vest ranges between 0 and 500,000, with a target number of 250,000 (which number shall be reduced if the value on September 1, 2020 would exceed $4,500,000). Performance shares vest based on the reporting person's continued employment and the achievement of an average Olin Common Stock price between $25 and $55 per share, with a target of $40 per share, over any consecutive 45 trading days between September 1, 2020 and December 31, 2023. Olin's Compensation Committee approved the grant of performance shares in connection with the reporting person's appointment as CEO/President effective September 1, 2020.