Joel R. Rathbun - Jan 8, 2024 Form 4 Insider Report for AVIENT CORP (AVNT)

Role: SVP, Mergers & Acquisitions
Signature: /s/ Lisa K. Kunkle, Power of Attorney For: Joel R. Rathbun
Stock symbol: AVNT
Transactions as of: Jan 8, 2024
Transactions value $: -$2,905
Form type: 4
Date filed: 1/9/2024, 05:41 PM
Previous filing: Sep 8, 2023
Next filing: Feb 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVNT	Common Stock	Options Exercise	$84.2K	+2.4K	+44.99%	$35.07	7.73K	Jan 8, 2024	Direct
transaction	AVNT	Common Stock	Disposed to Issuer	-$87.1K	-2.26K	-29.21%	$38.55	5.48K	Jan 8, 2024	Direct
holding	AVNT	Common Stock						28.1K	Jan 8, 2024	Supplemental Plan	F1

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	Stock Appreciation Rights	Options Exercise	$0	-2.4K	-100%	$0.00^*	0	Jan 8, 2024	Common Stock	2.4K	$35.07	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The information in this report is based on a plan statement as of January 8, 2024.
F2	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 $35.07 per share and no more than one-third of the grant can vest per year during the first three years.

Content

The information in this report is based on a plan statement as of January 8, 2024.

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 $35.07 per share and no more than one-third of the grant can vest per year during the first three years.