Sutton Scott McDougald's Form 4/A amendment
AmendedOLIN Corp (OLN) · filed Mar 12, 2024
- Accession no.
- 0000074303-24-000074
- Filed
- Mar 12, 2024
- Trade date
- Jan 30, 2024
- Filing delay
- 42 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Feb 1, 2024
This filing lists 1 derivative transaction. It carries over 11 transactions from the original filing that it did not restate. Open-market sales total $31.5M. It was filed 42 days after the trade.
This amendment restates part of 0000074303-24-000023 (filed Feb 1, 2024). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sutton Scott McDougaldCIK 0001642832 | Director, Officer (President & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 30, 2024 | Common Stock | MOption exerciseDisposed | −205,534 | $0.00 | $0 | 102,766 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0000074303-24-000023 (filed Feb 1, 2024).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 30, 2024 | Common Stock $1 par value | MOption exerciseAcquired | +205,534 | $28.99 | +$5,958,430.66 | 586,948.17 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −27,498 | $53.44F1 | −$1,469,493.12 | 559,450.17 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −22,002 | $54.58F2 | −$1,200,869.16 | 537,448.17 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −500 | $55.31F3 | −$27,655 | 536,948.17 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −155,534 | $53.50F4 | −$8,321,069 | 381,414.17 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −100,000 | $54.68F5 | −$5,468,000 | 281,414.17 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −105,858 | $53.89F6 | −$5,704,687.62 | 175,556.17 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −30,556.17 | $53.83 | −$1,644,838.63 | 145,000 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −52,380 | $54.00 | −$2,828,520 | 92,620 | Direct | |
| Jan 30, 2024 | Common Stock $1 par value | SSaleDisposed | −45,000 | $54.20 | −$2,439,000 | 47,620 | Direct | |
| Jan 31, 2024 | Common Stock $1 par value | SSaleDisposed | −45,537 | $53.44 | −$2,433,497.28 | 2,083 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F1
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $53.13 to $54.11, inclusive. The reporting person undertakes to provide to Olin Corporation, any security holder of Olin Corporation , or staff of the SEC , upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (1) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $54.27 to $55.27, inclusive. The reporting person undertakes to provide to Olin Corporation, any security holder of Olin Corporation , or staff of the SEC , upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (2) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $55.28 to $55.41, inclusive. The reporting person undertakes to provide to Olin Corporation, any security holder of Olin Corporation , or staff of the SEC , upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (3) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $53.30 to $54.22, inclusive. The reporting person undertakes to provide to Olin Corporation, any security holder of Olin Corporation , or staff of the SEC , upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (4) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $55.4036 to $54.27, inclusive. The reporting person undertakes to provide to Olin Corporation, any security holder of Olin Corporation , or staff of the SEC , upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (5) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $53.50 to $54.30, inclusive. The reporting person undertakes to provide to Olin Corporation, any security holder of Olin Corporation , or staff of the SEC , upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (6) to this Form 4.
Referenced by the price of 1 transaction in Table I.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The options vest in three annual installments on February 15, 2022, February 15, 2023 and February 15, 2024.
- F2
On February 1, 2024, the reporting person filed a Form 4 which inadvertently reported that, following his exercise of an option and sale of the underlying stock, he no longer owned any stock options exercisable at $28.99. In fact, as reported in this amendment, the reporting person still owned 102,766 options following his exercise. The reporting person subsequently exercised his remaining 102,766 stock options as reported in a Form 4 amendment filed on February 23, 2024 and a Form 4 filed on February 28, 2024 but incorrectly reported remaining balances of such stock options following this original error. Therefore, this amendment also effectively corrects the subsequent incorrect reporting in his subsequent Form 4s of the stock options owned following his subsequent stock option exercises.