Form 4 for AVNT AVIENT CORP
Accepted 2021-08-30 00:00:00 ET · period of report 2021-05-07 · accession 0001127602-21-024543 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-08-30 | 2021-08-27 | AVNT | Patterson Robert M | COB, Pres, CEO, Dir | I - Discretionary | $52.49 | -121.3K | 0 | -100% | -$6.37M |
| D | 2021-08-30 | 2021-05-07 | AVNT | Patterson Robert M | COB, Pres, CEO, Dir | G - Gift | $0.00 | -5,000 | 385.2K | -1% | $0 |
| DM | 2021-08-30 | 2021-08-27 | AVNT | Patterson Robert M | COB, Pres, CEO, Dir | M - OptEx | $32.92 | +513.0K | 536.3K | +2,193% | +$16.89M |
| DM | 2021-08-30 | 2021-08-27 | AVNT | Patterson Robert M | COB, Pres, CEO, Dir | D - Sale to Iss | $52.49 | -406.6K | 491.6K | -45% | -$21.34M |
| DM | 2021-08-30 | 2021-08-27 | AVNT | Patterson Robert M | COB, Pres, CEO, Dir | M - OptEx | $0.00 | -513.0K | 115.0K | -82% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-27 | I | D | 121,277.52 | $52.49 | 0 | I Supplemental Plan | — | — | (F1) Reflects an exempt intra-plan transfer (rule 16b-3(f)) by the reporting person of value out of the Avient stock fund and into one or more other investments under the Issuer's Supplemental Retiremet Benefit Plan pursuant to a pre-arranged trading plan. |
| 2 | Common | Common Stock | 2021-05-07 | G | D | 5,000 | $0.00 | 385,242 | D | — | — | (F2) Includes shares acquired pursuant to dividend reinvestment. |
| 3 | Common | Common Stock | 2021-08-27 | M | A | 66,700 | $38.27 | 451,942 | D | — | — | |
| 4 | Common | Common Stock | 2021-08-27 | D | D | 56,645 | $52.49 | 395,297 | D | — | — | |
| 5 | Common | Common Stock | 2021-08-27 | M | A | 105,200 | $24.98 | 500,497 | D | — | — | |
| 6 | Common | Common Stock | 2021-08-27 | D | D | 74,518 | $52.49 | 425,979 | D | — | — | |
| 7 | Common | Common Stock | 2021-08-27 | M | A | 118,200 | $34.10 | 544,179 | D | — | — | |
| 8 | Common | Common Stock | 2021-08-27 | D | D | 95,156 | $52.49 | 449,023 | D | — | — | |
| 9 | Common | Common Stock | 2021-08-27 | M | A | 63,034 | $41.89 | 512,057 | D | — | — | |
| 10 | Common | Common Stock | 2021-08-27 | D | D | 55,951 | $52.49 | 456,106 | D | — | — | |
| 11 | Common | Common Stock | 2021-08-27 | M | A | 102,300 | $31.54 | 558,406 | D | — | — | |
| 12 | Common | Common Stock | 2021-08-27 | D | D | 79,579 | $52.49 | 478,827 | D | — | — | |
| 13 | Common | Common Stock | 2021-08-27 | M | A | 57,517 | $31.48 | 536,344 | D | — | — | |
| 14 | Common | Common Stock | 2021-08-27 | D | D | 44,706 | $52.49 | 491,638 | D | — | — | (F3) The listed SAR transactions were completed pursuant to a pre-arranged trading plan. |
| 15 | Derivative | Stock Appreciation Rights | 2021-08-27 | M | D | 66,700 | $0.00 | 0 | D | $38.27 · — to 2025-02-04 | 66,700 Common Stock | (F4) SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $38.27 per share and no more than one-third of the grant can vest per year during the first three years. |
| 16 | Derivative | Stock Appreciation Rights | 2021-08-27 | M | D | 105,200 | $0.00 | 0 | D | $24.98 · — to 2026-02-10 | 105,200 Common Stock | (F5) SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $24.98 per share and no more than one-third of the grant can vest per year during the first three years. |
| 17 | Derivative | Stock Appreciation Rights | 2021-08-27 | M | D | 118,200 | $0.00 | 0 | D | $34.10 · — to 2027-02-15 | 118,200 Common Stock | (F6) SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $34.10 per share and no more than one-third of the grant can vest per year during the first three years. |
| 18 | Derivative | Stock Appreciation Rights | 2021-08-27 | M | D | 63,034 | $0.00 | 31,516 | D | $41.89 · — to 2028-02-14 | 63,034 Common Stock | (F7) SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $41.89 per share and no more than one-third of the grant can vest per year during the first three years. |
| 19 | Derivative | Stock Appreciation Rights | 2021-08-27 | M | D | 102,300 | $0.00 | 51,150 | D | $31.54 · — to 2029-02-11 | 102,300 Common Stock | (F8) SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $31.54 per share and no more than one-third of the grant can vest per year during the first three years. |
| 20 | Derivative | Stock Appreciation Rights | 2021-08-27 | M | D | 57,517 | $0.00 | 115,033 | D | $31.48 · — to 2030-02-10 | 57,517 Common Stock | (F9) SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $31.48 per share and no more than one-third of the grant can vest per year during the first three years. |