SEC Form 4 · accession 0001209191-17-005047
OMNOVA SOLUTIONS INC · OMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay T Austin
Officer — SVP Global Ops & Supply Chain
Period of report
Jan 22, 2017
Accepted (ET)
Jan 23, 2017 · 2:29 pm 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 22, 2017 | F | 3,625 | $9.10 | D | 79,948 | D | |
| Common SharesF3 | holding | — | — | — | 2,640 | 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 Share Agreement dated January 22, 2014, 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 20, 2017 the last trading day prior to vesting of the restricted shares on January 22, 2017.
- F3Shares held in the OMNOVA Solutions Retirement Savings Plan as of 01/20/2016 per the Plan Administrator's Records.