8-K
OLIN Corp (OLN)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 27, 2022
OLIN CORPORATION
(Exact name of registrant as specified in its charter)
| Virginia | 1-1070 | 13-1872319 | ||
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| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
| 190 Carondelet Plaza, | Suite 1530 | Clayton, | MO | 63105 |
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| (Address of principal executive offices) | (Zip Code) |
(314) 480-1400
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): | ||
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| Securities registered pursuant to Section 12(b) of the Act: | ||
| Title of each class | Trading Symbol | Name of each exchange on which registered |
| Common Stock, 1.00 par value per share | OLN | New York Stock Exchange |
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | ||
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All values are in US Dollars.
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
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(a) and (b)
Olin’s 2022 annual meeting of shareholders was held on April 28, 2022. Of the 154,208,652 shares of Common Stock entitled to vote at such meeting, 138,087,097 shares were present for purposes of a quorum. The voting results for each of the three proposals submitted for vote by Olin’s shareholders are set forth below.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |
|---|---|---|---|---|
| Proposal 1 - Election of Directors | ||||
| Heidi S. Alderman | 118,427,252 | 1,263,543 | 159,804 | 18,236,498 |
| Beverley A. Babcock | 118,466,350 | 1,230,492 | 153,757 | 18,236,498 |
| C. Robert Bunch | 117,351,659 | 2,295,537 | 203,403 | 18,236,498 |
| Matthew S. Darnall | 118,884,646 | 814,857 | 151,096 | 18,236,498 |
| Scott D. Ferguson | 118,040,199 | 1,642,881 | 167,519 | 18,236,498 |
| Earl L. Shipp | 118,857,910 | 829,006 | 163,683 | 18,236,498 |
| Scott M. Sutton | 116,992,415 | 2,491,959 | 366,225 | 18,236,498 |
| William H. Weideman | 105,676,581 | 14,008,747 | 165,271 | 18,236,498 |
| W. Anthony Will | 119,316,143 | 380,089 | 154,367 | 18,236,498 |
| Carol A. Williams | 118,027,349 | 1,296,270 | 526,980 | 18,236,498 |
| Proposal 2 - Conduct an advisory vote to approve the compensation for named executive officers | 116,728,748 | 2,724,016 | 397,835 | 18,236,498 |
| Votes For | Votes Against | Abstentions | ||
| Proposal 3 - Ratify the appointment of KPMG LLP as independent registered public accounting firm for 2022 | 134,884,013 | 2,959,498 | 243,586 |
(c) and (d)
Not applicable.
| Item 7.01. | Regulation FD Disclosure. |
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On April 27, 2022, Olin Corporation’s (NYSE: OLN) Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock. The dividend is payable on June 10, 2022 to shareholders of record at the close of business on May 10, 2022. This marks the company’s 382nd consecutive quarterly dividend.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Olin has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| OLIN CORPORATION | ||
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| By: | /s/ Dana O’Brien | |
| Name: | Dana O’Brien | |
| Title: | Senior Vice President, General Counsel and Secretary |
Date: April 28, 2022