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
December 31, 1996
-----------------------------------
Date of earliest event reported
OLIN CORPORATION
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Virginia 1-1070 13-1872319
--------------- ------------ ----------------
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification
organization) Number)
501 Merritt 7, Norwalk, CT 06851
-----------------------------------------------------
(Address of principal executive offices) (Zip code)
(203) 750-3000
----------------------------
(Registrant's telephone
number, including area code)
Page 1 of 2
Exhibit Index is on Page 2
INFORMATION TO BE INCLUDED IN THE REPORT.
Item 2. Acquisition or Disposition of Assets.
On December 31, 1996, Olin Corporation ("Olin") distributed to its common
shareholders one share of common stock of Primex Technologies, Inc.'s
("Primex") for every ten shares of Olin common stock held as of the record
date of December 19, 1996. On or prior to December 31, 1996, Olin also
transferred to Primex all of the businesses of Olin's Ordnance and Aerospace
divisions. Primex Technologies, Inc. began business as a separate entity on
January 1, 1997. Primex stock certificates were mailed to shareholders
commencing on January 6, 1997.
Item 7. Financial Statements, Pro Forma Information, and Exhibits.
The pro forma financial statements attached as Exhibit 99 to Olin
Corporation's Current Report on Form 8-K filed with the Securities and
Exchange Commission on December 19, 1996 are incorporated herein by
reference as Exhibit 99 hereto.
(c) Exhibits.
2. Distribution Agreement dated as of December 30, 1996,
between Olin Corporation and Primex Technologies, Inc.
99. Pro forma financial statements (incorporated herein by
reference to Exhibit 99 to Olin Corporation's Current Report on
Form 8-K filed on December 19, 1996, File No. 1-1070).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Date: January 15, 1997 OLIN CORPORATION
By: Johnnie M. Jackson, Jr.
-----------------------
Johnnie M. Jackson, Jr.
Title: Vice President, General
Counsel and Secretary
EXHIBIT INDEX
Exhibit No. Exhibit
----------- -------
2. Distribution Agreement dated as of December 30, 1996,
between Olin Corporation and Primex Technologies, Inc.
99. Pro forma financial statements (incorporated herein by
reference to Exhibit 99 to Olin Corporation's Current
Report on Form 8-K filed on December 19, 1996, File
No. 1-1070).
Page 2 of 2
Exhibit Index is on Page 2.