SEC Form 4 · accession 0001127602-17-006109
AVIENT CORP · AVNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig M Nikrant
Officer — SVP President Global SEM
Period of report
Feb 11, 2017
Accepted (ET)
Feb 14, 2017 · 5:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001122976
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 11, 2017 | M | 3,500 | — | A | 13,862 | D | |
| Common Stock | Feb 11, 2017 | F | 1,285 | $34.59 | D | 12,577 | D | |
| Common Stock | holding | — | — | — | 16,324 | I | By Trust | |
| Common StockF3 | holding | — | — | — | 27,439 | I | Savings Plan Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Feb 11, 2017 | M | 3,500 | D | Feb 11, 2017 | Feb 11, 2017 | Common Stock | 3,500 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of PolyOne common stock.
- F2Includes dividend equivalents earned with respect to the vested restricted stock units.
- F3The information in this report is based on a PolyOne Retirement Savings Plan statement as of February 13, 2017. PolyOne common shares are held in a unitized fund that consists of stock and cash. The number of shares and the amount of cash may fluctuate daily depending on plan level activity in the fund. Even though no transaction has occurred, this fluctuation may result in an increase or decrease in the number of shares held since the last report filed by the reporting person.