SEC Form 4 · accession 0001127602-17-011783
AVIENT CORP · AVNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Van Hulle V
Officer — SVP, President of GCAI
Period of report
Mar 7, 2017
Accepted (ET)
Mar 15, 2017 · 4:05 pm EDT
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 | Mar 13, 2017 | M | 25,000 | — | A | 25,935 | D | |
| Common Stock | Mar 13, 2017 | F | 9,123 | $33.32 | D | 16,812 | D | |
| Common Stock | Mar 7, 2017 | G | 2,945 | $0.00 | D | 0 | D | |
| Common Stock | Mar 7, 2017 | G | 2,945 | $0.00 | A | 2,945 | I | By 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 | — | Mar 13, 2017 | M | 25,000 | D | Mar 13, 2017 | Mar 13, 2017 | Common Stock | 25,000 | 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.
- F3This transaction involved a gift of securities by the reporting person to a trust, which holds the shares for the benefit of the reporting person's spouse.