Form 4 for AVNT AVIENT CORP
Accepted 2022-02-15 00:00:00 ET · period of report 2022-02-11 · accession 0001127602-22-005055 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-15 | 2022-02-11 | AVNT | Rathbun Joel R. | SVP, Mergers, Acquisitions | M - OptEx | — | +5,500 | 11.2K | +96% | — |
| D | 2022-02-15 | 2022-02-11 | AVNT | Rathbun Joel R. | SVP, Mergers, Acquisitions | F - Tax | $52.64 | -2,705 | 8,533 | -24% | -$142.4K |
| DM | 2022-02-15 | 2022-02-14 | AVNT | Rathbun Joel R. | SVP, Mergers, Acquisitions | A - Grant | $0.00 | +20.6K | 16.0K | New | $0 |
| D | 2022-02-15 | 2022-02-11 | AVNT | Rathbun Joel R. | SVP, Mergers, Acquisitions | M - OptEx | — | -5,500 | 0 | -100% | — |
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 | 2022-02-11 | M | A | 5,500 | — | 11,238 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Avient common stock. (F2) Includes dividend equivalents earned with respect to the vested restricted stock units. |
| 2 | Common | Common Stock | 2022-02-11 | F | D | 2,705 | $52.64 | 8,533 | D | — | — | (F3) Represents shares of Avient common stock that were withheld solely to satisfy the tax withholding obligation applicable to the vesting of restricted stock units on February 11, 2022. |
| 3 | Derivative | Restricted Stock Units | 2022-02-14 | A | A | 4,550 | $0.00 | 4,550 | D | — · 2025-02-14 to 2025-02-14 | 4,550 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Avient common stock. |
| 4 | Derivative | Restricted Stock Units | 2022-02-11 | M | D | 5,500 | — | 0 | D | — · 2022-02-11 to 2022-02-11 | 5,500 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Avient common stock. |
| 5 | Derivative | Stock Appreciation Rights | 2022-02-14 | A | A | 16,000 | $0.00 | 16,000 | D | $52.64 · — to 2032-02-14 | 16,000 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 $52.64 per share and no more than one-third of the grant can vest per year during the first three years. |