SEC Form 4 · accession 0001209191-18-004751
OMNOVA SOLUTIONS INC · OMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul F DeSantis
Officer — SVP, CFO; Treasurer
Period of report
Jan 21, 2018
Accepted (ET)
Jan 22, 2018 · 5:08 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 SharesF1,F2,F3 | Jan 21, 2018 | F | 5,753 | $10.70 | D | 70,487 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares withheld to satisfy the executive's tax withholding obligation upon vesting. The deemed disposition of the withheld restricted shares is exempt pursuant to Rule 16b-3(e).
- F2The restricted shares vested on January 21, 2018, a Sunday. Accordingly, the $10.70 price per share reflects the closing price of OMNOVA Solutions Inc. Common Shares on Friday, January 19, 2018.
- F3Includes 174.7783 OMNOVA Solutions Inc. Common Shares acquired between July 15, 2017 and January 15, 2018 through the OMNOVA Solutions Inc. Employee Share Purchase Plan.