SEC Form 4 · accession 0001209191-16-093334
OMNOVA SOLUTIONS INC · OMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James C Lemay
Officer — Sr VP Corp Dev Gen Counsel
Period of report
Jan 23, 2016
Accepted (ET)
Jan 25, 2016 · 10:08 am EST
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 | Jan 23, 2016 | F | 5,418 | $5.10 | D | 145,905 | D | |
| Common SharesF3 | holding | — | — | — | 1,175 | 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 January 23, 2013, 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).
- F2Represents closing price on January 22, 2016 the last trading day prior to vesting of the restricted shares on January 23, 2016.
- F3Shares held in the OMNOVA Solutions Retirement Savings Plan as of 01/22/2016 per the Plan Administrator's Records.