SEC Form 4 · accession 0001209191-15-028397
OMNOVA SOLUTIONS INC · OMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Gingo
Director
Period of report
Mar 19, 2015
Accepted (ET)
Mar 23, 2015 · 8:23 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001090061
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred SharesF3,F1,F2 | — | Mar 19, 2015 | A | 8,809 | A | — | — | Common Shares | 8,809 | 8,809 | D |
Explanation of responses
- F1Each Deferred Share is the economic equivalent of one OMNOVA Solutions Inc. Common Share.
- F2Under the terms of the OMNOVA Solutions Inc. Third Amended and Restated 1999 Equity and Performance Incentive Plan (the "Plan"), the Deferred Shares shall not issue until the later of one year following the date of grant or the Reporting Person's separation from service on the OMNOVA Solutions Inc. Board of Directors (the "Board").
- F3The Deferred Shares were granted under the Plan as part of the Reporting Person's annual retainer for Board service.