Form 4 for AVNT AVIENT CORP
Accepted 2024-11-12 00:00:00 ET · period of report 2024-11-07 · accession 0001127602-24-026897 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-11-12 | 2024-11-07 | AVNT | Rathbun Joel R. | SVP, Mergers, Acquisitions | D - Sale to Iss | $51.45 | -21.5K | 5,762 | -79% | -$1.11M |
| DM | 2024-11-12 | 2024-11-07 | AVNT | Rathbun Joel R. | SVP, Mergers, Acquisitions | M - OptEx | $32.49 | +27.2K | 10.1K | New | +$885.3K |
| D | 2024-11-12 | 2024-11-07 | AVNT | Rathbun Joel R. | SVP, Mergers, Acquisitions | S - Sale+OE | $51.45 | -5,762 | 0 | -100% | -$296.5K |
| DM | 2024-11-12 | 2024-11-07 | AVNT | Rathbun Joel R. | SVP, Mergers, Acquisitions | M - OptEx | $0.00 | -27.2K | 17.1K | -61% | $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 | 2024-11-07 | D | D | 8,036 | $51.44 | 2,064 | D | — | — | |
| 2 | Common | Common Stock | 2024-11-07 | M | A | 17,150 | $31.54 | 19,214 | D | — | — | |
| 3 | Common | Common Stock | 2024-11-07 | S | D | 5,762 | $51.45 | 0 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.44 to $51.452, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range. |
| 4 | Common | Common Stock | 2024-11-07 | D | D | 13,452 | $51.45 | 5,762 | D | — | — | |
| 5 | Common | Common Stock | 2024-11-07 | M | A | 10,100 | $34.10 | 10,100 | D | — | — | |
| 6 | Derivative | Stock Appreciation Rights | 2024-11-07 | M | D | 10,100 | $0.00 | 0 | D | $34.10 · — to 2027-02-15 | 10,100 Common Stock | (F3) 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. |
| 7 | Derivative | Stock Appreciation Rights | 2024-11-07 | M | D | 17,150 | $0.00 | 17,150 | D | $31.54 · — to 2029-02-11 | 17,150 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 $31.54 per share and no more than one-third of the grant can vest per year during the first three years. |