SEC Form 4 · accession 0001209191-15-026321
OMNOVA SOLUTIONS INC · OMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David H Maynard
Other
Period of report
Mar 14, 2015
Accepted (ET)
Mar 16, 2015 · 12:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001090061
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF2 | Mar 14, 2015 | F | 2,844 | $7.96 | D | 47,379 | D | |
| Plan TrustF3 | holding | — | — | — | 3,731 | I | Plan Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares withheld, in accordance with the terms of the Restricted Stock Agreement dated March 14, 2012, to satisfy the executive's tax withholding obligation upon vesting of restricted shares. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
- F2The restricted shares vested on March 14, 2015, a Saturday. Accordingly, the $7.96 price per share reflects the closing price of OMNOVA Solutions Inc. Common Shares on Friday, March 13, 2015.
- F3Shares held in the OMNOVA Solutions Retirement Savings Plan as of 03/13/2015 per the Plan Administrator's Records.