SEC Form 4 · accession 0001534158-16-000222
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 15, 2016
Accepted (ET)
Feb 16, 2016 · 4:31 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 15, 2016 | M | 6,300 | — | A | 12,448 | D | |
| Common Stock | Feb 15, 2016 | F | 2,220 | $25.88 | D | 10,228 | D | |
| Common StockF3 | holding | — | — | — | 27,133 | I | Savings Plan Trust | |
| Common Stock | holding | — | — | — | 16,324 | 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 | — | Feb 15, 2016 | M | 6,300 | D | Feb 15, 2016 | Feb 15, 2016 | Common Stock | 6,300 | 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 12, 2016. 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.