Joel R. Rathbun - 08 Jan 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
Issuer symbol: AVNT
Transactions as of: 08 Jan 2024
Net transactions value: -$2,905
Form type: 4
Filing time: 09 Jan 2024, 17:41:37 UTC
Previous filing: 08 Sep 2023
Next filing: 12 Feb 2024
SEC: View on sec.gov

Quoteable Key Fact

"Joel R. Rathbun filed Form 4 for AVIENT CORP (AVNT) on 09 Jan 2024."

Quick Takeaways

This page summarizes Joel R. Rathbun's Form 4 filing for AVIENT CORP (AVNT).
3 reported transactions and 1 derivative row are listed below.
Filing timestamp: 09 Jan 2024, 17:41.

What Changed

Previous filing in this sequence was filed on 08 Sep 2023.
Current net transaction value: -$2,905.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVNT	Common Stock	Options Exercise	$84,168	+2,400	+45%	$35.07	7,734	08 Jan 2024	Direct
transaction	AVNT	Common Stock	Disposed to Issuer	$87,073	-2,259	-29%	$38.54	5,475	08 Jan 2024	Direct
holding	AVNT	Common Stock						28,073	08 Jan 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	-2,400	-100%	$0.000000^*	0	08 Jan 2024	Common Stock	2,400	$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.