Christopher Pederson - 10 Feb 2023 Form 4 Insider Report for AVIENT CORP (AVNT)

Signature
/s/ Lisa K. Kunkle, Power of Attorney For: Christopher Pederson
Issuer symbol
AVNT
Transactions as of
10 Feb 2023
Net transactions value
-$76,290
Form type
4
Filing time
14 Feb 2023, 12:23:16 UTC
Previous filing
03 Jan 2023
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVNT Common Stock Options Exercise +5,950 +135% 10,360 10 Feb 2023 Direct F1, F2
transaction AVNT Common Stock Tax liability $76,290 -2,014 -19% $37.88 8,346 10 Feb 2023 Direct F3
holding AVNT Common Stock 4,252 10 Feb 2023 Savings Plan Trust F4
holding AVNT Common Stock 3,652 10 Feb 2023 Supplemental Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVNT Restricted Stock Units Options Exercise -5,950 -100% 0 10 Feb 2023 Common Stock 5,950 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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 10, 2023.
F4 The information in this report is based on a plan statement as of February 10, 2023.