SEC Form 4 · accession 0001534158-16-000227
AVIENT CORP · AVNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D Newlin
Officer — Executive Chairman · Director
Period of report
Mar 8, 2016
Accepted (ET)
Mar 10, 2016 · 4:18 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 | Mar 8, 2016 | M | 100,000 | — | A | 288,225 | D | |
| Common Stock | Mar 8, 2016 | F | 49,001 | $29.30 | D | 239,224 | D | |
| Common Stock | holding | — | — | — | 10,000 | 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 8, 2016 | M | 100,000 | D | Mar 8, 2016 | Mar 8, 2016 | Common Stock | 100,000 | 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.